ZIP Code 01862

Households in ZIP code 01862, near Cambridge, bring in a median of $138,571 a year, with per-capita income at $55,587. That earning power shapes how far a paycheck stretches: a median home valued at $586,200 carries an effective county property tax rate of 1.03%, a recurring cost tied directly to ownership. Sales tax in the area runs 6.25%, so everyday purchases also draw on income. Together these figures sketch a local economy where higher earnings pair with higher housing values and steady tax obligations, and where budgeting depends on balancing a strong income against the carrying costs of living there.