Lexington Property Tax Overview
Lexington, Massachusetts has a FY2025 residential property tax rate of $12.23 per $1,000 of assessed value. That works out to about $1,223 in annual tax for every $100,000 of assessed home value.
On a median-priced Lexington home (around $2.55M), the estimated annual property tax bill is $31.2K, or roughly $2,599 per month. Your actual bill depends on your home's assessed value, which can differ from its market price.
At $12.23 per $1,000, Lexington's rate is 1% below the Massachusetts statewide average of about $12.40. Property tax rates are set annually by each city or town and fund local schools, public safety, and services.