Springfield, MA — income, home value, property tax, and sales tax.
In ZIP code 01050, near Springfield, households earn a median of $95,882, while per-capita income sits at $44,395. That earnings level shapes how far a paycheck stretches against local costs. A median home valued at $289,500 carries an effective county property tax rate of 1.43%, which works out to meaningful annual carrying costs on top of a mortgage. Day-to-day spending also includes a combined sales tax of 6.25%. Together these figures sketch a place where solid household earnings meet real ownership expenses, so buyers and longtime owners alike weigh property taxes and purchase costs against what they bring in each year.
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