Lynn, MA — income, home value, property tax, and sales tax.
In Lynn's 01841 ZIP code, homes carry a median value of $403,400, and the county-level effective property tax rate of 1.04% works out to roughly $4,195 a year in taxes on such a home. Households here earn a median of $56,971, with per-capita income at $25,792, so that tax bill equals about 7% of median household earnings. Sales taxes add 6.25% on purchases. The gap between what homes cost and what people bring in shapes daily life in this ZIP, where owning property absorbs a meaningful share of income.
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