ZIP Code 01108

In ZIP code 01108, which covers part of Springfield, households earn a median of $50,661, or $26,112 per person. A median home here is valued at $250,900, and the county's effective property tax rate of 1.49% means annual property taxes on such a home run about $3,738. Sales taxes add 6.25% to most purchases. Together, housing costs and these two tax rates shape what a household keeps from each paycheck. With income near $50,000 and home values around $250,000, the relationship between earnings and ownership costs is tight but workable for many who live here.