On Wednesday, the Boston City Council approved a new property tax rate on homeowners in 2026, which would raise rates on average by 13% on single-family homes. The increase comes out to about $780 per year, and will take effect in January 2026. Boston Mayor Michelle Wu has been pushing for legislation on Beacon Hill that would shift more of the burden to commercial properties in Boston, but lawmakers have failed to take action.Wu sent the following statement to NewsCenter 5 regarding the city council’s decision: “I’m grateful to the City Council for their work to unanimously pass the annual tax classification rates for next year,” Wu said. “As residential property owners are set to pay their highest share in property taxes in over 40 years, our legislation awaits state approval that would stabilize taxes, protect residents and help businesses continue to benefit from strong city services.”
On Wednesday, the Boston City Council approved a new property tax rate on homeowners in 2026, which would raise rates on average by 13% on single-family homes.
The increase comes out to about $780 per year, and will take effect in January 2026.
Boston Mayor Michelle Wu has been pushing for legislation on Beacon Hill that would shift more of the burden to commercial properties in Boston, but lawmakers have failed to take action.
Wu sent the following statement to NewsCenter 5 regarding the city council’s decision:
“I’m grateful to the City Council for their work to unanimously pass the annual tax classification rates for next year,” Wu said. “As residential property owners are set to pay their highest share in property taxes in over 40 years, our legislation awaits state approval that would stabilize taxes, protect residents and help businesses continue to benefit from strong city services.”