Springfield, MA — income, home value, property tax, and sales tax.
In ZIP code 01077, near Springfield, homes carry a median value of $397,500, and the county-level effective property tax rate of 1.49% translates into a yearly bill of roughly $5,900 before exemptions. Households here bring in a median of $120,462, so that tax equals about 4.9% of typical annual income, while per-capita income sits at $51,954. Combined with a 6.25% sales tax, the overall picture shows homeowners absorbing a meaningful but not overwhelming share of earnings into housing-related costs.
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