Boston, MA variant. This is a Boston, MA-specific version of the Property Tax Calculator, using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Property Tax Calculator.
Boston property tax runs about 1.04% of value - roughly $7,904/year on the $760,000 median home.
Property tax in Boston
Tax = assessed value × local rate. The 1.04% effective rate captures Boston's blend of county, city, and school levies.
On the $760,000 median home that's $7,904/year ($659/month), usually escrowed with your mortgage.
About Boston, MA
Boston has no city income tax, so residents pay Massachusetts state income tax without an added municipal wage levy.
Boston is a high-cost housing market, with home prices and rents elevated by limited supply and steady demand.
Boston's economy is built around education, healthcare, and a leading biotechnology and life sciences sector.
Worked example: $760,000 home
$760,000 × 1.04% = $7,904/year. A $600,000 Boston home would owe about $6,240.
Quick reference
- Median home value: $760,000
- Median rent: $3,300/mo
- Median household income: $89,212
- Local sales tax: 6.25%
- Effective property tax rate: 1.04%
- Cost of living index: 162 (US avg = 100)
Frequently Asked Questions
What is the property tax rate in Boston?
About 1.04% of market value per year.
How much property tax on a median Boston home?
Roughly $7,904 per year.