This calculator projects the estimated impact of adopting a Residential Exemption. The Residential Exemption is a local option authorized by M.G.L. Ch. 59, s.5C, which allows a community to shift a portion of the tax burden away from certain lower valued residential properties to higher valued homes, most apartment buildings, and homes that are not owner-occupied. Click here toview DLS’s Residential Exemption videofor more information.
Please note that we are not able to separate out the number of mixed use parcels (012-043) between residential and commercial properties. Therefore the parcel count for mixed use includes both the residential and commercial parcels. However, this has no impact on the calculation of the estimated impact of a residential exemption.
How to use the calculator: Select a community, then enter the proposed exemption percentage as a decimal (for example, enter 0.35 for 35%.) The highest percent allowed by law is 35%. Enter the estimated percent owner-occupied for the five residential property types in the grid. Click the Submit button to run the calculations.
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Single Family 101 | 3,848 | 2,120,165,400 | 550,978.53 | 13.38 | 28,367,813.05 |
Condominiums 102 | 774 | 284,863,600 | 368,040.83 | 13.38 | 3,811,474.97 |
Two Family 104 | 181 | 101,240,300 | 559,338.67 | 13.38 | 1,354,595.21 |
Three Family 105 | 83 | 46,521,700 | 560,502.41 | 13.38 | 622,460.35 |
Apartment 111-125 | 90 | 202,883,400 | 2,254,260.00 | 13.38 | 2,714,579.89 |
Vacant/ Accessory Land 130-132,106 | 214 | 14,961,100 | 69,911.68 | 13.38 | 200,179.52 |
Miscellaneous Residential 103,109 | 28 | 20,918,400 | 747,085.71 | 13.38 | 279,888.19 |
Mixed Use 012-043 | 74 | 21,502,599 | 290,575.66 | 13.38 | 287,704.77 |
Total | 5,292 | 2,813,056,499.00 | 531,567.74 | | 37,638,695.95 |
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10.00% | 53,156.77 | 239,928,397.07 | 2,573,128,101.93 | 14.63 | 37,638,696 |
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60,000.00 | 802.80 | 100.12 | -702.68
| 170,000.00 | 2,274.60 | 1,709.42 | -565.18
| 260,000.00 | 3,478.80 | 3,026.12 | -452.68
| 350,000.00 | 4,683.00 | 4,342.82 | -340.18
| 440,000.00 | 5,887.20 | 5,659.52 | -227.68
| 530,000.00 | 7,091.40 | 6,976.22 | -115.18
| 622,146.84 | 8,324.32 | 8,324.32 | .00
| 720,000.00 | 9,633.60 | 9,755.92 | 122.32
| 810,000.00 | 10,837.80 | 11,072.62 | 234.82
| 900,000.00 | 12,042.00 | 12,389.32 | 347.32
| 990,000.00 | 13,246.20 | 13,706.02 | 459.82
| 1,080,000.00 | 14,450.40 | 15,022.72 | 572.32
| 1,170,000.00 | 15,654.60 | 16,339.42 | 684.82
| 1,260,000.00 | 16,858.80 | 17,656.12 | 797.32
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