Berkley, MA: town finances
Fair finances; thin savings (3% of budget vs 7.3% typical); override vote in 2026; another override vote likely.
Budget grade
Better than 15% of MA towns · score 65 of 100
± Borderline: the score is within 2 points of the C/D cutoff, so a small change in the data could move the budget grade.
Ability to pay
Below the state median for income and property value
Shown separately; not part of the budget grade. Income per resident $55,221 (Census ACS 2020-24); property value (EQV) per resident $196,743 (DLS 2024).
Chance of an override vote
6 points on our 0-8 scale: Low 0-2, Medium 3-4, High 5+. It ranks towns; it is not a percentage.
Key numbers
| Measure | Berkley | Median MA town |
|---|---|---|
| Typical tax bill, FY2026 (average single-family) | $6,985 | $6,755 |
| Tax bill as a share of median household income | 4.8% | 6.4% |
| Tax bill growth per year, FY2016-26 | 4.42% | 3.95% |
| Override vote dates, last 5 years | Yes (1 vote, 1 failed) | 35% of towns had one |
| Savings (reserves), % of budget, FY2024-26 average | 3.0% | 7.3% |
| Debt, % of property value, FY2023-25 (voter-approved debt at half weight) | 0.18% | 0.70% |
| Debt payments inside the tax cap, % of budget | 0.6% | 1.3% |
| Unused room under the tax cap, FY2026 (% of max levy) | 0.08% | 0.34% |
| School enrollment, 5-year change | -3% | -2% |
| Students per teacher, 2025-26 | 14.1 | 11.4 |
| Median single-family sale price, 2024 | $585k (40 sales) | $614k |
| Single-family price change, 2019-24 | +46.2% | +52.8% |
| Median household income (Census, 2020-24) | $144,205 | $113,750 |
| Population (DLS) | 6,797 | 10,585 |
Main school district: Berkley. Shaded = worse than the median town on tax bill share or enrollment. Medians are across all 351 towns with data.
Why this budget grade
Budget grade C, fair (65/100, near the C/D line; better than 15% of MA towns): reserves averaged 3% of budget over FY2024-26 (state median 7.3%); debt 0.18% of property value with voter-approved debt at half weight (0.26% before; median 0.70%); debt payments inside the tax cap 0.6% of budget (median 1.3%). Voter-approved amounts exceed its general-fund debt payments (often regional school debt), so the state median share is used.
Why this chance of an override vote
Chance of an override vote: High (6 pts): almost no unused room under the tax cap (0.08% of max levy, +3); override vote since July 2016, latest 2026-05 (+2); voter-approved debt or capital increase passed since July 2021 (+1).
Context, not scored
Teacher jobs -4.1% last year; enrollment -3% over 5 yrs; news: cut: 7 teacher layoffs after failed override; tax bill 4.8% of median income (state median 6.4%).
In the news: Cut: 7 teacher layoffs after failed override
"pts" are points toward the chance of an override vote. Max levy is the most the town can raise without a vote under Prop 2½. See how the budget grade works.
Override votes since July 2016
| Vote date | Result | Amount | Purpose (as listed by DLS) |
|---|---|---|---|
| May 9, 2026 | Failed | $4,874,558 | Fy2027 Town And School Operating Budgets And Stabilization Reserve For Wages And Insurance. |
Source: MA DLS Proposition 2½ override vote file, as of 25 Oct 2026. One ballot can carry several questions.
See this town in the full data table →