Springfield, MA — income, home value, property tax, and sales tax.
In Springfield's 01109 ZIP code, homes carry a median value of $219,900, and the county's 1.49% effective property tax rate translates to roughly $3,277 in annual taxes on a home at that price. With median household income at $48,415, that bill equals about 6.8% of a typical household's yearly earnings, a meaningful claim on a paycheck. Per-capita income sits lower, at $22,188, which sharpens the squeeze for individual earners. Sales tax in the area runs 6.25%, adding further cost to everyday purchases. Together, these figures show housing costs pressing against incomes that leave limited slack.
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