ZIP Code 01902

In ZIP code 01902, which covers part of Lynn, households earn a median of $67,046, while per-capita income sits at $33,722. A median home value of $478,000 paired with a 1.04% county property tax rate means annual property taxes near $4,971 for a home at that value — a meaningful share of yearly earnings. Sales taxes add 6.25% at checkout, nudging everyday costs upward. Together these figures sketch a budget where housing and taxes claim a sizable portion of income, and day-to-day spending carries an added premium, leaving less slack for savings or discretionary purchases.