Wenham, MA: town finances
Low debt and solid savings (8.7% of budget); 4 override votes since 2016; another override vote likely.
Budget grade
Better than 74% of MA towns · score 87 of 100
Ability to pay
Above the state median for income and property value
Shown separately; not part of the budget grade. Income per resident $59,465 (Census ACS 2020-24); property value (EQV) per resident $279,874 (DLS 2024).
Chance of an override vote
5 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 | Wenham | Median MA town |
|---|---|---|
| Typical tax bill, FY2026 (average single-family) | $16,164 | $6,755 |
| Tax bill as a share of median household income | 8.3% | 6.4% |
| Tax bill growth per year, FY2016-26 | 4.75% | 3.95% |
| Override vote dates, last 5 years | Yes (1 vote) | 35% of towns had one |
| Savings (reserves), % of budget, FY2024-26 average | 8.7% | 7.3% |
| Debt, % of property value, FY2023-25 (voter-approved debt at half weight) | 0.05% | 0.70% |
| Debt payments inside the tax cap, % of budget | 0.6% | 1.3% |
| Unused room under the tax cap, FY2026 (% of max levy) | 0.90% | 0.34% |
| School enrollment, 5-year change | +2% | -2% |
| Students per teacher, 2025-26 | 11.2 | 11.4 |
| Median single-family sale price, 2024 | $983k (40 sales) | $614k |
| Single-family price change, 2019-24 | +40.4% | +52.8% |
| Median household income (Census, 2020-24) | $194,781 | $113,750 |
| Population (DLS) | 4,926 | 10,585 |
Main school district: Hamilton-Wenham (regional district shared with 2 towns). 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 B, solid (87/100; better than 74% of MA towns): reserves averaged 8.7% of budget over FY2024-26 (state median 7.3%); debt 0.05% of property value with voter-approved debt at half weight (0.08% 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 (5 pts): little room under the tax cap (0.90% of max levy, +2); override votes since July 2016, latest 2026-04 (+2); voter-approved debt or capital increase passed since July 2021 (+1).
Context, not scored
Teacher jobs +7.1% last year; enrollment +2% over 5 yrs; regional district shared with 2 towns; tax bill 8.3% of median income (state median 6.4%).
"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) |
|---|---|---|---|
| Apr 16, 2026 | Passed | $438,589 | School Operating Budget |
| Jun 23, 2020 | Passed | $361,640 | Operating Budget |
| Jun 23, 2020 | Failed | $50,000 | Leaf Pickup |
| Jun 23, 2020 | Passed | $723,722 | Hamilton Wenham Rsd |
| Oct 21, 2019 | Passed | $499,145 | Hamilton Wenham Assessment |
| Nov 6, 2018 | Passed | $331,294 | Hamilton Wenham School Budget |
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 →
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