Despite a comparatively low residential tax rate, Newton’s high valuation for single family properties computes to one of the higher average single family tax bills across the state of Massachusetts.
Below is a table that shows the average single family tax bill in Newton and neighboring communities for FY2025 5
Town
Value Parcels
Average
Rate
Taxes State Rank Table Rank
Weston
$7.7B
3,375
$2,294,016 $11.12 $25,464
1
1
Brookline
$11.5B
4,584
$2,505,452 $9.77 $24,729
2
2
Wellesley
$14.1B
7,315
$1,925,282 $10.41 $19,792
4
3
Lexington
$14.3B
9,065
$1,578,591 $12.25 $19,306
7
4
Belmont
$7.5B
4,540
$1,648,400 $10.56 $18,775
8
5
Wayland
$4.7B
4,078
$1,142,311 $15.52 $17,854
10
6
Carlisle
$2.2B
1,765
$1,269,939 $13.33 $16,738
12
7
Newton
$28.2B
16,928
$1,664,692 $9.80 $16,314
14
8
Needham
$12.3B
8,414
$1,464,398 $12.52 $15,523
18
9
Watertown
$1.9B
2,853
$655,561 $11.70 $7,657
119
10
Waltham
$4.3B
8,741
$490,719 $9.64 $4,819
280
11
State
1,439,997 $665,227
$7,399
Proposition 2 ½ Overrides History Under Proposition 2 ½, a community’s levy limit increases automatically by an incremental increase of 2.5% of the prior year’s levy limit (hence the law’s nickname). A community can exceed its levy limit with voter approval. Prop 2 ½ gives communities flexibility to support local spending for schools and municipal operations. Communities can levy above its levy limit permanently or temporarily by passing by majority vote in an election an override or a debt exclusion override. By passing an Override a community can assess taxes in excess of the automatic annual 2.5% increase and any increase due to new growth or its Levy Limit. An override results in a permanent increase in the levy limit of a community. These funds can be used for both
5 MA Single Family Tax Bills
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