Lynn, MA — income, home value, property tax, and sales tax.
In Lynn’s 01901 ZIP code, households earn a median of $36,119, while per-capita income reaches $36,138. At a 1.04% effective property tax rate, a home’s assessed value drives the annual bill directly: each $100,000 of value adds roughly $1,040 in taxes. That relationship matters here, since incomes near $36,000 leave limited slack for both a mortgage and a tax bill that scales with price. Sales taxes add 6.25% on purchases, trimming disposable income further. Together, these figures sketch a market where entry-level pricing and the county tax rate weigh heavily against what local earners bring home.
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