ZIP Code 01505

In ZIP code 01505, near Worcester, homes carry a median value of $578,600, and the county-level property tax rate of 1.28% works out to roughly $7,400 a year in taxes on such a home. Households here earn a median of $140,962, with per-capita income at $72,355, so that tax bill absorbs a meaningful but not overwhelming share of annual earnings. Sales tax in the area runs 6.25%. High home values paired with solid incomes keep ownership within reach for many buyers, though the property tax itself remains a substantial recurring cost.