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More than 50 percent of property in the city of Boston — state buildings, church grounds, college campuses, etc. — is tax exempt. These charts, stats, and graphs illustrate Boston’s property tax addiction: rising costs, a declining real estate market, and state restrictions on how much cash the city can collect.
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More than 50 percent of property in the city of Boston — state buildings, church grounds, college campuses, etc. — is tax exempt. These charts, stats, and graphs illustrate Boston’s property tax addiction: rising costs, a declining real estate market, and state restrictions on how much cash the city can collect.
beantown counter[FIGURE 1]
Who oWns What
[FIGURE 6]
hoW mUch boston can lEvy
[FIGURE 2]
Who Pays What
[FIGURE 3]
hoW mUch cItyEmPloyEEs cost
[FIGURE 4]
hoW mUch PRoPERty Is WoRth
[FIGURE 5]
hoW mUch boston sPEnds
Residences account for most of Boston’s land value.
Boston could face trouble if it needs to collect more property taxes than it is entitled to by state law.
Businesses pay the bulk of the property taxes.
Boston’s total budget is on the rise, but the amount of money the city can raise through property taxes is limited.
Residential
65%$56.6 billion
Residential
39%$601 million
total PRoPeRty value$86.8 billion
total PRoPeRty taxes$1.54 billion
2003$1.86 billion
2001$29.23 billion
2004$44.31 billion
2007$59.29 billion
2011$56.53 billion
2011$30.2 billion
2007$27.22 billion
2004$21.83 billion2001
$21.27 billion
2004$1.2 billion
200416,055
200917,277
2001116,277
2008$1.5 billion
2011$1.6 billion
2007$2.19 billion
2007$2.16 billion
2009$2.26 billion
2011$2.17 billion
2007$1.27 billion
2009$1.38 billion
2011$1.54 billion
2009$2.4 billion
2010$2.3 billion
2012$2.39 billion
business
35%$30.2 billion
business
61%$938 million
The price of city workers is skyrocketing, even though the city has slashed jobs to cut costs.
The residential property market has leveled off and is in decline — casting a shadow over the city’s primary revenue source.
numbeR of city woRkeRs
business
How mucH boston can collect
How mucH boston collects
Residential
DATA fRoM BosTon MunicipAl Rese ARch BuRe Au AnD The ciT y of BosTon; GR Aphic By TAyloR ARGenZio
cost of city woRkeRs