Data Analytics and Resources Bureau
Residential Exemption Calculator
Data current as of 04/24/2024
                                                                                                                                                                                                        
For Questions or Assistance Email us at :
databank@dor.state.ma.us

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.
  
        Please Select Your Municipality:     Enter exemption percent as a decimal
     (allowable range 0.01 to 0.35) 

  Enter percent owner-occupied as a decimal
  (allowable range 0.01 to 1.00)  
    Residential Property Type    % Owner
  Occupied
    Single family 101 
    Condominiums 102 : 
    Multi-family 104, 105 (2 & 3 family) : 
    Apartment 111-125 : 
    Miscellaneous Residential 103,109 : 

    


Abington  Fiscal Year 2024 Approved Values and Tax Rate

Assessment Report
Property Type Parcels Total Assessed ValuesAverage Value Per ParcelApproved Tax RateTax Levy by Residential Class
Single Family 1013,8482,120,165,400550,978.5313.3828,367,813.05
Condominiums 102774284,863,600368,040.8313.383,811,474.97
Two Family 104181101,240,300559,338.6713.381,354,595.21
Three Family 1058346,521,700560,502.4113.38622,460.35
Apartment 111-12590202,883,4002,254,260.0013.382,714,579.89
Vacant/ Accessory Land 130-132,10621414,961,10069,911.6813.38200,179.52
Miscellaneous Residential 103,1092820,918,400747,085.7113.38279,888.19
Mixed Use 012-0437421,502,599290,575.6613.38287,704.77
Total5,2922,813,056,499.00531,567.7437,638,695.95


Exemption Calculations
Exemption PercentResidential Exemption AmountPotential Value Reduction in Residential PropertiesNew Taxable ValueEstimated New Residential Rate2024 Residential Levy
10.00%53,156.77239,928,397.072,573,128,101.9314.6337,638,696

Estimated Impact on Residential Tax Bill
  Owner-Occupied  
  Home Value  
  Tax Bill  
  Without Exemption  
  Tax Bill  
  With Exemption  
        Change in        
  Tax Bill*  
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