ZIP Code 01840

In ZIP code 01840, which covers part of Lynn, households earn a median of $42,211, while per-capita income comes to $23,811. Property taxes in the county run at an effective rate of 1.04%, and sales tax adds 6.25% at checkout. Together, these two taxes shape what a household keeps after both ongoing purchases and homeownership costs. With incomes at this level, the sales tax applies to everyday spending, and the property tax rate factors into any home purchase in the area. The combined picture shows how income and these two tax rates interact for families living in and around Lynn.