Springfield, MA — income, home value, property tax, and sales tax.
In ZIP code 01069, near Springfield, homes carry a median value of $274,000, and the county's 1.49% effective property tax rate works out to roughly $4,083 a year on such a house. With median household income at $80,190, that tax bill claims about 5% of household earnings before any mortgage payment. Per-capita income sits at $45,908. A 6.25% combined sales tax applies to purchases in the area. Buyers weighing a move here should factor both the annual property levy and everyday sales tax into what their income can carry.
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