What is the Cambridge, MA Residential Tax Exemption? [2021]

Cambridge has one of the higher residential tax exemptions in the state of Massachusetts. 

What does residential tax exemption mean?

A residential tax exemption is tax reduction for owner-occupied properties.

The residential tax exemption for Cambridge, MA

The Cambridge residential tax exemption is 30% of the average assessed value of residential homes. In 2020 this meant a tax savings of $2,365.

Property tax rates for Cambridge, MA [2021]

The Cambridge property tax rate for 2021 is $5.85 per $1000 in assessed value. It is one of the lowest property tax rates in the state of Massachusetts. 

Where to learn more about filing property taxes in Cambridge

For more information on Cambridge property taxes, check out the Cambridge Guide to Understanding Your Taxes and the web page for the Cambridge Assessing Department.