Cambridge, MA — income, home value, property tax, and sales tax.
Households in ZIP code 01864, near Cambridge, report a median income of $147,768, with per-capita income at $77,099. A median home value of $710,500 pairs with a county effective property tax rate of 1.03%, so property taxes run near $7,318 annually on a home at that value. Sales tax in the area totals 6.25% on purchases. Together, these figures sketch a high-income, high-home-value area where property taxes claim a meaningful share of housing costs while the sales tax rate stays comparatively contained.
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