Beverly · FY2026 property taxes
Beverly Property Taxes Explained
Last verified 2026-07-31. Rates from the Massachusetts Division of Local Services, Municipal Databank, FY2026 (dataset verified 2026-07-31). Beverly certifies a new rate each December — check the fiscal year on any figure you read elsewhere.
What that means on a real house
A Beverly home assessed at $750,000 is taxed at $10.81 per $1,000 of assessed value:
$750,000 ÷ 1,000 × $10.81 = $8,108 per year
That's the base tax only. It excludes Beverly's Community Preservation Act surcharge (up to 1% of the tax owed, after exemptions), betterments, and any abatement or exemption you qualify for. Assessed value is the town's figure, not your purchase price — find it on your tax bill or the assessor's database.
How Beverly compares
Of the 67 Massachusetts towns tracked here, Beverly has the 24th lowest residential rate — $0.60 below the median of $11.41.
| Town | FY2026 residential rate | Tax on $750,000 |
|---|---|---|
| Ipswich | $10.78 | $8,085 |
| Salem | $10.78 | $8,085 |
| Beverly | $10.81 | $8,108 |
| Needham | $10.83 | $8,123 |
| Weston | $10.88 | $8,160 |
These are the towns closest to Beverly on rate, not the ones closest on the map. And a lower rate does not automatically mean a lower bill — assessments differ too. Compare all 67 towns at your own assessed value →
Who sets the rate, and when
Beverly’s rate is set by the City Council each fall and certified by the Massachusetts Department of Revenue before the third-quarter tax bill goes out. The fiscal year runs from July 1 to June 30 and is named for the year it ends, so the FY2026 rate above governs bills issued through June 2026.
Two things move your bill, and only one of them is the rate. The city reassesses property values annually. A rate that drops while your assessment rises can still produce a larger bill — which is why a neighbor quoting last year’s rate is rarely telling you anything useful about what you will owe.
When bills arrive
Beverly bills quarterly. The first two payments are preliminary, based on the prior year’s total; the third is the first to reflect the new rate and your new assessment. That third bill is where most owners first notice a change, and it is also the point at which the abatement clock starts running.
How to file an abatement
An abatement is a claim that your assessment is wrong — not that your taxes are too high. The distinction matters, because the board can only act on the first.
- Read the third-quarter bill when it arrives. The filing deadline is printed on it, and it is strict.
- Check the property record card at the Assessor’s office or online. Errors in square footage, bedroom or bathroom count, lot size, or condition are the most common grounds and the easiest to prove.
- Find comparable sales from the relevant assessment window — sales that closed before the January 1 assessment date, not current listings.
- File the application with the Board of Assessors by the deadline on the bill. A late application cannot be considered, whatever its merits.
- Pay the bill anyway while the application is pending. An unpaid bill can forfeit the appeal, and a successful abatement is refunded.
If the local board denies the application, the next step is the state Appellate Tax Board, which has its own filing window.
Exemptions worth checking
Abatements correct a wrong assessment. Exemptions reduce the tax for who you are rather than what the property is worth, and they are chronically under-claimed. Massachusetts clauses cover qualifying seniors, veterans, blind residents, and surviving spouses, and the state’s Senior Circuit Breaker is a credit claimed on the income tax return rather than through the city.
Eligibility turns on age, income, asset, and residency tests that change from year to year. The Assessor’s office will tell you which clause fits before you file.
FAQ
What is Beverly’s property tax rate?
The FY2026 residential rate is shown at the top of this page, in dollars per $1,000 of assessed value. It is read directly from the Massachusetts Division of Local Services dataset rather than typed in, so it matches the figure the state publishes.
How is my Beverly property tax bill calculated?
Divide your assessed value by 1,000 and multiply by the residential rate. The worked example above does this on a $750,000 assessment. Community Preservation Act surcharges, exemptions, and betterments are applied on top of that base figure.
Is assessed value the same as what my house is worth?
No. Assessed value is the city’s estimate for taxation, set as of January 1 and based on sales that closed before that date. In a moving market it commonly lags what a house would sell for today, in either direction.
Can I appeal my Beverly property taxes?
You can apply for an abatement if you believe the assessment is inaccurate, by the deadline printed on your third-quarter bill. You cannot appeal on the grounds that the rate itself is too high — that is set by the Council, not the Board of Assessors.
Does Beverly offer a residential exemption?
Beverly does not currently offer the owner-occupant residential exemption that some Massachusetts cities adopt. Where that exemption exists, it shifts tax off owner-occupied homes and onto other property, which is why a headline rate in a city like Boston or Somerville is not directly comparable to Beverly’s.
Informational only, not tax or legal advice. Rates: Massachusetts Division of Local Services, Municipal Databank, FY2026, retrieved 2026-07-31. Confirm current figures with the Beverly assessor before relying on them.