Springfield, MA — income, home value, property tax, and sales tax.
In ZIP code 01009, near Springfield, homes carry a median value of $274,200, and the county-level effective property tax rate of 1.49% translates into roughly $4,086 in annual property taxes on such a home. With median household income at $72,841, that tax bill equals about 5.6% of household earnings, a meaningful slice of the annual budget. Per-capita income sits at $36,017, so individual earners may feel the hit more sharply. A combined sales tax rate of 6.25% adds further cost to everyday purchases, though it does not touch housing directly.
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