Springfield, MA — income, home value, property tax, and sales tax.
In Springfield's 01151 ZIP code, households earn a median of $55,324, while per-capita income sits at $26,921 — a working- to middle-income profile by any measure. Homes here carry a median value of $237,200, and the county's 1.49% effective property tax rate means an owner of such a home would owe roughly $3,500 annually. Add a 6.25% combined sales tax on purchases, and the overall tax load lands squarely in the middle range for Illinois. Incomes and home values track closely together, suggesting a community where wages cover everyday costs without much slack.
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