Average Woburn Residential Tax Bill To Rise $288 In 2022

Woburn MA

29 November, 2021

4:30 PM

Description

WOBURN, MA — The average Woburn residential tax bill is increasing $288 for Fiscal Year 2022, after the City Council set the city's tax shift Tuesday. The council voted to set a 175 percent tax shift, the maximum allowed, meaning commercial taxpayers will pay 175 percent of what they would if there was a uniform residential-commercial rate. Residential taxpayers will pay just 71.8 percent of that uniform rate. Specifically, the residential rate will be 9.34 per $1,000 assessed value, up just one cent, while the commercial rate will be 22.77, down nine cents from last year. Like this article? Sign up for our newsletter and get it delivered every weekday. It's free! The average single-family tax bill will increase $288 to $5,156, largely due to increased value. Citywide, the total valuation increased from $8.93 billion to $9.436 on Jan. 1. 2021. Christopher Huffaker can be reached at 412-265-8353 or [email protected].