The growth of property values, and taxes
This chart shows the growth in the average value, and the average tax bill, for single-family homes in Massachusetts. Source: State Department of Revenue.| Fiscal year |
# of towns included |
Average home tax bill |
% change from previous year |
Median home tax bill |
% change from previous year |
Average home value |
% change from previous year |
|---|---|---|---|---|---|---|---|
| 1990 | 323 | $1,711 | $1,504 | $174,817 | |||
| 1991 | 265 | $1,831 | 7.0% | $1,640 | 9.0% | $175,917 | 0.6% |
| 1992 | 339 | $1,897 | 3.6% | $1,663 | 1.4% | $162,450 | -7.7% |
| 1993 | 339 | $1,993 | 5.1% | $1,747 | 5.1% | $154,589 | -4.8% |
| 1994 | 340 | $2,081 | 4.4% | $1,808 | 3.5% | $153,133 | -0.9% |
| 1995 | 340 | $2,182 | 4.9% | $1,872 | 3.5% | $153,571 | 0.3% |
| 1996 | 340 | $2,272 | 4.1% | $1,959 | 4.6% | $156,159 | 1.7% |
| 1997 | 340 | $2,360 | 3.9% | $2,031 | 3.7% | $159,838 | 2.4% |
| 1998 | 340 | $2,463 | 4.4% | $2,121 | 4.4% | $165,050 | 3.3% |
| 1999 | 340 | $2,557 | 3.8% | $2,191 | 3.3% | $173,576 | 5.2% |
| 2000 | 340 | $2,679 | 4.8% | $2,297 | 4.8% | $185,009 | 6.6% |
| 2001 | 340 | $2,826 | 5.5% | $2,418 | 5.3% | $206,789 | 11.8% |
| 2002 | 340 | $3,015 | 6.7% | $2,577 | 6.6% | $236,229 | 14.2% |
| 2003 | 340 | $3,206 | 6.3% | $2,709 | 5.1% | $266,350 | 12.8% |
| 2004 | 340 | $3,412 | 6.4% | $2,891 | 6.7% | $307,361 | 15.4% |
| 2005 | 340 | $3,588 | 5.2% | $3,067 | 6.1% | $352,820 | 14.8% |
| 2006 | 239 | $3,863 | 7.7% | $3,262 | 6.4% | $382,303 | 8.4% |