In Middleboro, the owner of the average home will see about a $112 increase in the yearly tax bill. This week, the Board of Selectmen set the residential tax rate at $13.75 per $1,000 of assessed valuation and the commercial tax rate at $14.61 per $1,000 of assessed valuation.
The average single-family home in 2011 was valued at $276,600 and in 2012 dropped to $270,700 according to the assessors. A home valued at $270,700 will see a rise in property taxes from $3,609 to $3,722.
For the sixth straight year, selectmen voted to keep a 5 percent differential between residential and commercial tax rates.
Tax bills are expected to be issued in mid-November.
Source: Enterprise News, October 19, 2011
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