Springfield, MA — income, home value, property tax, and sales tax.
In ZIP code 01013, near Springfield, homes carry a median value of $271,900 while the county's effective property tax rate sits at 1.49%. That combination produces an annual tax bill that eats into earnings in a way that stands out against the area's median household income of $59,759 and per-capita income of $33,669. Buyers weighing a purchase here should factor in how that levy interacts with take-home pay. A combined sales tax of 6.25% adds a bit more to everyday costs, so the overall picture rewards careful budgeting before committing to a mortgage.
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