Boston's economy is anchored by higher education, biotech, and healthcare, driving some of the highest home prices in the Northeast. Suffolk County's residential property tax rate is relatively low, a rare bit of relief given premium purchase prices.
Recommended for incomes above $210k/yr (28% DTI rule)
Boston housing market
The 0.83% property tax rate reflects the county-level effective rate for Boston and is used to calculate your monthly tax escrow above. This rate may differ from the statewide Massachusetts average — county-level data produces more accurate monthly payment estimates for Boston buyers. Many Boston properties also carry HOA fees — the area average is approximately $500/month, which is not included in the calculator above.
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