ZIP Code 01845

Lynn, MA — income, home value, property tax, and sales tax.

Median household income
$140,670
Per-capita income
$64,833
Median home value
$619,100
Property tax rate
1.04%
Combined sales tax
6.25%

In ZIP code 01845, near Lynn, homes carry a median value of $732,900, and the county-level effective property tax rate of 1.04% translates into a substantial annual bill. Households here earn a median of $140,670, with per-capita income at $64,833, so property taxes claim a meaningful share of earnings even at these income levels. Combined with a 6.25% sales tax, the overall cost of living adds up. Buyers weighing a move here should expect high upfront prices and ongoing tax obligations that track closely with the area's elevated home values.

See how Lynn, MA taxes stack up

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