Property taxes in Boston keep climbing, and for many older homeowners living on fixed incomes, that annual bill can feel like a growing threat to staying in the home they love. If you’re 65 or older and own your house, Boston offers a meaningful break through its senior property tax exemption that can cut your tax bill by $1,000 and, in some cases, up to $2,000. This isn’t automatic or guaranteed, but when you qualify, the savings go straight to lowering one of your biggest monthly expenses.
“Helping seniors age in place means keeping them connected to homes, neighborhoods, families, and support networks, and this order provides real relief to older homeowners at a time when costs keep rising,” Mayor Michelle Wu said after signing the city order expanding eligibility for Boston’s senior property tax exemption.
