Medford Property Taxes by the Numbers

| December 17, 2008 | City Hall, Real Estate | No Comments

Average Property Tax Increase
Single Family- $104.06
2-Family- $110.74
3-Family- $235.01
Condo- $167.86
Commercial Property- $1,081.81

2008-2009 Average Tax Bill % Change
Single Family- 2.85%
2-Family- -2.48%
3-Family- 4.66%
Condo- 6.36%
Commercial- 5.34%

Average Single Family Home
2007- $407,500
2008- $400,300
2009- $372,500

Average 2-Family Home
2007- $501,800
2008- $490,500
2009- $432,800

Average 3-Family Home
2007- $552,800
2008- $553,500
2009- $524,100

Average Condo
2007- $297,100
2008- $289,300
2009- $278,400

Average Commercial Property
2008- $1,083,800
2009- $1,050,100

Source: City of Medford Assessor