Springfield, MA — income, home value, property tax, and sales tax.
With a median household income of $70,588 and per-capita income of $42,454, ZIP code 01079 sits in middle-income territory near Springfield. Homes here carry a median value of $263,400, and the county-level effective property tax rate of 1.49% means owners pay a meaningful share of that value each year in taxes. Add a combined sales tax of 6.25% on purchases, and the overall tax picture reflects a community where earnings are solid but not abundant, and where housing costs and tax obligations together shape day-to-day finances.