Cambridge, MA — income, home value, property tax, and sales tax.
Households in ZIP code 01702, near Cambridge, bring in a median of $82,496 a year, with per-capita income at $44,308. A median home value of $583,000 means property taxes, levied at a county rate of 1.03%, run roughly $6,000 annually — a sizable chunk of that income. Add the 6.25% combined sales tax on purchases, and everyday spending carries its own cost. The gap between earnings and housing expenses shapes how far each paycheck stretches here.
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