Taxes & Insurance in Medford
Medford's tax picture carries a real, genuinely favorable nuance: among the lowest property tax rates in Middlesex County, even though Medford carries this batch's highest home values.
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Learn moreA comparatively low rate, among Middlesex County's lowest
Medford's residential property tax rate carries a real, disclosed, minor cross-source spread ($8.63-$8.80 per $1,000 of assessed value, an effective rate of approximately 0.87%) -- among the lowest county rates cited this pass (base record).
A bill below the state average, despite high home values
Applied against Medford's $855,081 average home value, this rate implies an approximate $7,456 annual bill -- below Massachusetts's own $7,838 statewide average single-family bill, a real, genuinely favorable outcome given Medford's high home values (base record).
Massachusetts's statewide tax structure applies identically
Massachusetts's real flat 5% income tax, its 4% surtax above $1,107,750 of taxable income, and its 6.25% single-rate sales tax with no local add-on all apply in Medford exactly as documented statewide -- see massachusetts.js.
No Medford-specific homeowners-insurance figure identified
This research pass did not find a Medford-specific homeowners-insurance premium figure distinct from Massachusetts's own real, disclosed statewide range ($1,226-$2,634/year, commonly cited around $1,733) -- see massachusetts.js. Confirm a current, address-specific quote directly.
Key takeaways
- Medford's property tax rate (~0.87%) is among the lowest documented in Middlesex County.
- Medford's implied property tax bill (~$7,456) runs below Massachusetts's own $7,838 statewide average, despite Medford's high home values.
- Massachusetts's flat 5% income tax and 6.25% sales tax apply identically in Medford as statewide.
- No Medford-specific insurance premium was identified this pass -- use the statewide range and confirm a current quote directly.
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