Data Analytics and Resources Bureau Category 3 - Property Tax Statistics Data current as of 12/21/2024

Abington Acton Acushnet Adams Agawam Alford Amesbury Amherst Andover Arlington Ashburnham Ashby Ashfield Ashland Athol Attleboro Auburn Avon Ayer Barnstable Barre Becket Bedford Belchertown Bellingham Belmont Berkley Berlin Bernardston Beverly Billerica Blackstone Blandford Bolton Boston Bourne Boxborough Boxford Boylston Braintree Brewster Bridgewater Brimfield Brockton Brookfield Brookline Buckland Burlington Cambridge Canton Carlisle Carver Charlemont Charlton Chatham Chelmsford Chelsea Cheshire Chester Chesterfield Chicopee Chilmark Clarksburg Clinton Cohasset Colrain Concord Conway Cummington Dalton Danvers Dartmouth Dedham Deerfield Dennis Dighton Douglas Dover Dracut Dudley Dunstable Duxbury East Bridgewater East Brookfield East Longmeadow Eastham Easthampton Easton Edgartown Egremont Erving Essex Everett Fairhaven Fall River Falmouth Fitchburg Florida Foxborough Framingham Franklin Freetown Gardner Aquinnah Georgetown Gill Gloucester Goshen Gosnold Grafton Granby Granville Great Barrington Greenfield Groton Groveland Hadley Halifax Hamilton Hampden Hancock Hanover Hanson Hardwick Harvard Harwich Hatfield Haverhill Hawley Heath Hingham Hinsdale Holbrook Holden Holland Holliston Holyoke Hopedale Hopkinton Hubbardston Hudson Hull Huntington Ipswich Kingston Lakeville Lancaster Lanesborough Lawrence Lee Leicester Lenox Leominster Leverett Lexington Leyden Lincoln Littleton Longmeadow Lowell Ludlow Lunenburg Lynn Lynnfield Malden Manchester By The Sea Mansfield Marblehead Marion Marlborough Marshfield Mashpee Mattapoisett Maynard Medfield Medford Medway Melrose Mendon Merrimac Methuen Middleborough Middlefield Middleton Milford Millbury Millis Millville Milton Monroe Monson Montague Monterey Montgomery Mount Washington Nahant Nantucket Natick Needham New Ashford New Bedford New Braintree New Marlborough New Salem Newbury Newburyport Newton Norfolk North Adams North Andover North Attleborough North Brookfield North Reading Northampton Northborough Northbridge Northfield Norton Norwell Norwood Oak Bluffs Oakham Orange Orleans Otis Oxford Palmer Paxton Peabody Pelham Pembroke Pepperell Peru Petersham Phillipston Pittsfield Plainfield Plainville Plymouth Plympton Princeton Provincetown Quincy Randolph Raynham Reading Rehoboth Revere Richmond Rochester Rockland Rockport Rowe Rowley Royalston Russell Rutland Salem Salisbury Sandisfield Sandwich Saugus Savoy Scituate Seekonk Sharon Sheffield Shelburne Sherborn Shirley Shrewsbury Shutesbury Somerset Somerville South Hadley Southampton Southborough Southbridge Southwick Spencer Springfield Sterling Stockbridge Stoneham Stoughton Stow Sturbridge Sudbury Sunderland Sutton Swampscott Swansea Taunton Templeton Tewksbury Tisbury Tolland Topsfield Townsend Truro Tyngsborough Tyringham Upton Uxbridge Wakefield Wales Walpole Waltham Ware Wareham Warren Warwick Washington Watertown Wayland Webster Wellesley Wellfleet Wendell Wenham West Boylston West Bridgewater West Brookfield West Newbury West Springfield West Stockbridge West Tisbury Westborough Westfield Westford Westhampton Westminster Weston Westport Westwood Weymouth Whately Whitman Wilbraham Williamsburg Williamstown Wilmington Winchendon Winchester Windsor Winthrop Woburn Worcester Worthington Wrentham Yarmouth  

Town of Abington

False Add Panels Tab Layout X Done Average Single Family Tax Bill Panel Parameters x Done Average Single Family Tax Bill For analysis purposes an average single-family tax bill is calculated by using the assessed value of all singlefamily parcels in a community then dividing that total by the number of single-family parcels. The result is an average single-family property value which is used to calculate a single-family tax bill, average value divided by $1,000 and multiplied by community's residential tax rate. For community's granting a residential exemption the Division has only been collecting enough data to calculate a single-family tax bill since FY2022. Data Source: LA-4 and Tax Rate Recapitulation Sheet submitted by the Board of Assessors.                                                                                                                                    Click here for 351 report New Growth Value By Class Panel Parameters x Done New Growth Value by Class The additional tax revenue generated by new construction, renovations and other increases in the property tax base during a calendar year. It does not include value increases caus.ed by normal market forces or by revaluations. New growth is calculated by multiplying the assessed value associated with new construction, renovations and other increases by the prior year tax rate. The additiona I tax revenue is then incorporated into the calculation of the next year's levy limit. Data Source: LA-13 and Tax Rate Recapitulation sheet submitted by the Board of Assessors.                                                                                                                                    Click here for 351 report Assessed Value by Class Panel Parameters x Done Assessed Value by Class The total value of all properties in a municipality by major property class type; residential, open space, commercial, industrial and personal property. Bureau of Local Assessment (BLA) must certify that a community's assessed values represent full and fair cash value. Data Source: LA-4 submitted by the Board of Assessors.                                                                                                                                    Click here for 351 report Avg. Single Family Tax Bill as % of Avg. Single Family Assessed Value Panel Parameters x Done Average Single Family Tax Bill as% of Average Single Average single-family tax bills are growing disportionately to the value of single-family homes. Increases may indicate erosion in CIP tax base or that home values are lagging behind increases in municipal spending, since each household is taking on a greater share of the residential tax burden. Data Source: LA-4 and Tax Rate Recapitulation Sheet submitted by the Board of Assessors.                                                                                                                                    Click here for 351 report RO vs CIP New Growth Applied to the Levy Limit Panel Parameters x Done RO vs CIP New Growth Applied to the levy limit In addition to analyzing New Growth in the aggregate (both in total dollars and as a percentage of the prior year's tax levy), the composition of the growth should also be reviewed. Doing so provides for another indication of what changes, if any, are occurring within each property class. Data Source: LA-13 and Tax Rate Recapitulation sheet submitted by the Board of Assessors.                                                                                                                                    Click here for 351 report Tax Levy by Class Panel Parameters x Done Tax levy by Class The amount a community raises through the property tax. The levy can be any amount up to the levy limit, which is re-established every year in accordance with Proposition 2½ provisions. Levy Limit -A levy limit is one of two types of levy (tax) restrictions imposed by MGL Ch. 59 §21C (Proposition 2½). It states that the real and personal property taxes imposed by a city or town may only grow each year by 2½ percent of the prior year's levy limit, plus new growth and any overrides or exclusions. The levy limit can exceed the levy ceiling only if the community passes a capital expenditure exclusion, debt exclusion, or specia I exclusion. Data Source: Tax Rate Recapitulation sheet submitted by the Board of Assessors.                                                                                                                                    Click here for 351 report Average Single Family Tax Bill as % of DOR Income Per Capita Panel Parameters x Done Average Single Family Tax Bill as % of DOR Income Consistent, sharp increases in this ratio might impact resident ability to pay. Data Source: LA-4 and Tax Rate Recapitulation Sheet submitted by the Board of Assessors, US Census, DOR Income Tax Forms.                                                                                                                                    Click here for 351 report New Growth Applied as a % of Prior Year Levy Limit Panel Parameters x Done New Growth Applied as a % of Prior Year Tax Levy Outside of a Proposition 2 ½ Override or Debt Exclusion, New Growth is the only means by which the Property tax base can grow. Data Source: LA-13 and Tax Rate Recapitulation sheet submitted by the Board of Assessors.                                                                                                                                    Click here for 351 report Tax Rates by Class Panel Parameters x Done Tax Rates The tax rate represents the amount per $1,000 of assessed value (real and personal) that is used to calculate the annual property tax bill. Property Classes Assessors must classify all real property according to use as of each January 1 into one of four classes: Residential, Open Space, Commercial or Industrial.4 Personal property is a separate category and is treated as a class for purposes of allocating the tax levy. Data Source: Tax Rate Recapitulation Sheet Submitted by the Board of Assessors                                                                                                                               Fiscal Year Residential Open Space Commercial Industrial Personal Property 2021 16.48 0.00 16.48 16.48 16.48 2022 15.22 0.00 15.22 15.22 15.22 2023 14.21 0.00 14.21 14.21 14.21 2024 13.38 0.00 13.38 13.38 13.38 2025 13.06 0.00 13.06 13.06 13.06        Click here for 351 report CIP Tax Shift Panel Parameters x Done                                                                                                                                  Fiscal Year CIP Value Total Value R/O % of Total Value CIP % of Total Value Lowest Res Factor Allowed Max CIP Shift Allowed Res Factor Selected CIP Shift 2021 302,517,094 2,351,198,900 87.1335 12.8665 0.926167 1.500000 1.000000 1.00000 2022 303,686,850 2,614,513,400 88.3846 11.6154 0.934291 1.500000 1.000000 1.00000 2023 303,280,158 2,873,097,650 89.4441 10.5559 0.940991 1.500000 1.000000 1.00000 2024 316,833,101 3,129,889,600 89.8772 10.1228 0.943685 1.500000 1.000000 1.00000 2025 319,368,692 3,285,310,500 90.2789 9.7211 0.946160 1.500000 1.000000 1.00000 Click here for 351 report Add Panels X Assessed Value by Class Assessed Values by class for 5 years Add Now  1 Added     Delete this Panel Average Single Family Tax Bill Average Single Family Tax Bill Add Now  1 Added     Delete this Panel Average Single Family Tax Bill as % of DOR Income Per Capita Average Single Family Tax Bill as % of DOR Income Per Capita Add Now  1 Added     Delete this Panel Avg. Single Family Tax Bill as % of Avg. Single Family Assessed Value Average Tax Bill as % of Value Add Now  1 Added     Delete this Panel CIP Tax Shift Override and Debt Exclusion Details Add Now  1 Added     Delete this Panel New Growth Applied as a % of Prior Year Levy Limit New Growth as a Percent of Prior Year Tax Levy Add Now  1 Added     Delete this Panel New Growth Value By Class Municipal New Growth stacked barchart by property class Add Now  1 Added     Delete this Panel RO vs CIP New Growth Applied to the Levy Limit Residential and Open Space Levy Growth compaired to Comercial, Industrial and Pesonal Property Levy Growth for the most current 5 years Add Now  1 Added     Delete this Panel Tax Levy by Class Tax Levy by class for 5 years Add Now  1 Added     Delete this Panel Tax Rates by Class Override and Debt Exclusion Details Add Now  1 Added     Delete this Panel Done Add Label X Font Size Text Normal Text Large Text Larger Text Largest Header Header Large Header Larger Header Largest Done Add Image X Upload Image Done Download as PDF