Operating Costs & Financing
Somerville property taxes are above the county average by 0.18 percentage points. Average Loan-to-Value is 65.0%.
Effective Property Tax
$24.12 per sq ft
Tax Rate
2.23%
Tax Rate vs County Average
0.18 pp above county avg
Avg Loan-to-Value
65.0%
Property Size Breakdown
Most commercial real estate listings in Somerville range between 5,000 - 10,000 sqft.
New Listings Trend, 12 Mo
Number of new listings by month over the past year in Somerville.
Somerville Demographics Overview
Population
23K
Population Growth (5Y)
+3.8%
Median Household Income
$120,823
College Educated
77.4%
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