ZIP Code 01242

In ZIP code 01242, near East Otis, per-capita income stands at $7,034, a figure that shapes nearly every spending decision a household here makes. Property taxes are levied at 1.32% of value at the county level, so a home's assessed worth drives a meaningful share of annual costs. Sales tax adds 6.25% to most purchases, a cost that follows everyday buying rather than homeownership alone. With earnings at this level, housing and consumption taxes together claim a substantial portion of what comes in, leaving little slack for discretionary spending or savings.