ZIP Code 01507

With a median household income of $117,587 and per-capita income of $53,878, ZIP code 01507 sits comfortably in affluent territory, well above what many Massachusetts communities report. Homes here carry a median value of $427,500, and the county-level property tax rate of 1.28% means owners pay a substantial annual sum on that valuation. Add a 6.25% combined sales tax on purchases, and the overall tax picture is one of higher earnings paired with higher costs. Situated in the Worcester area, this ZIP draws households whose incomes support both the housing prices and the accompanying tax obligations.