With a residential tax rate of 14.35 Milton is one of the most expensive South Shore towns, according to the Boston Business Journal.
Milton’s commercial/industrial property tax rate is 21.99, making it the second most expensive commercial community behind Braintree, which has a rate of 23.65.
While Milton tops the residential tax rate list on the South Shore, the lowest was Braintree with 10.45.
Chilmark on Martha’s Vineyard has the lowest residential property tax rate in the state at 2.08 flat rate between commercial/industrial. Sharon has the highest residential tax rate (also with a flat split) in Massachusetts at 20.11.
Everett had the highest commercial/industrial tax rate at 41.66, and Chilmark also had the lowest rate in commercial/industrial at 2.08.