Springfield, MA — income, home value, property tax, and sales tax.
ZIP code 01011, near Springfield, sits in middle-income territory, with a median household income of $89,299 and per-capita income of $40,510. Homes here carry a median value of $291,400, and the county-level effective property tax rate of 1.49% means owners pay a meaningful share of that value each year. Add a combined sales tax rate of 6.25%, and the overall tax picture is steady rather than severe. Household earnings outpace the per-capita figure considerably, hinting at multi-earner homes, while the housing costs and tax rates together shape a community that is neither wealthy nor struggling.
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