Cambridge, MA — income, home value, property tax, and sales tax.
In ZIP code 01801, near Cambridge, homes carry a median value of $673,500, and the county-level effective property tax rate of 1.03% works out to roughly $6,937 a year. Households here earn a median of $111,185, so that tax bill absorbs about 6.2% of annual income before any exemptions or deductions. Per-capita income stands at $58,435, meaning individual earners may feel the squeeze more sharply than the household figure suggests. A combined sales tax of 6.25% adds further cost to daily purchases, layering onto an already substantial ownership expense.
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