Springfield, MA — income, home value, property tax, and sales tax.
Households in ZIP code 01010, near Springfield, report a median income of $111,250, with per-capita earnings of $55,010. That income supports a median home value of $389,100, and the county-level property tax rate of 1.49% translates into a meaningful annual bill for owners. Sales tax in the area runs 6.25%, so everyday purchases carry a steady cost as well. Together these figures sketch a community where earnings are solid but housing and taxes claim a real share of the monthly budget, leaving households to weigh property costs against the sales tax they pay on routine spending.
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