Cambridge, MA — income, home value, property tax, and sales tax.
Households in ZIP code 01742, near Cambridge, report a median income of $195,125, with per-capita income at $101,257. That earning power shapes how housing costs land here: the median home value is $1,218,100, and the county-level effective property tax rate of 1.03% applies against it. Sales tax in the area runs 6.25%, so day-to-day purchases carry a set surcharge. High incomes here support substantial home values, though the property tax tied to those values still draws on annual earnings.
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