Cambridge, MA — income, home value, property tax, and sales tax.
Households in ZIP code 01770 near Cambridge report a median income of $250,001, with per-capita earnings of $114,737. That earning power sits alongside a median home value of $1,026,800, and the county-level effective property tax rate of 1.03% translates into a substantial annual bill on a home at that price. A combined sales tax rate of 6.25% applies to purchases in the area. With incomes this high, housing costs and taxes claim a meaningful share of the budget, though the earnings base itself is strong enough to support them.
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