Springfield, MA — income, home value, property tax, and sales tax.
Households in ZIP code 01071, near Springfield, earn a median of $111,042, with per-capita income at $60,455 — placing the area comfortably above middle-income territory. Homes carry a median value of $298,700, and the county-level property tax rate of 1.49% means owners pay roughly $4,450 annually on a house at that price. Add the 6.25% combined sales tax on purchases, and the overall tax picture reflects an affluent community where incomes and property values are high enough to absorb these levies without strain.
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