Cambridge, MA — income, home value, property tax, and sales tax.
ZIP code 01867, near Cambridge, ranks among the more affluent areas, with a median household income of $165,912 and per-capita income of $74,991. Homes here carry a median value of $809,000, and the county-level effective property tax rate of 1.03% translates into a substantial annual bill on that valuation. A combined sales tax rate of 6.25% applies to purchases in the area. Together, these figures describe a high-earning community where property wealth is considerable and the corresponding tax obligations, particularly on real estate, run well above what many households elsewhere face.
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