ZIP Code 01905

In ZIP code 01905, near Lynn, homes carry a median value of $499,200, and the county-level effective property tax rate of 1.04% translates into a yearly bill of roughly $5,192. With median household income at $84,333, that tax equals about 6.2% of a typical household's annual earnings — a meaningful slice of the budget. Per-capita income sits lower, at $33,458, which can make carrying costs harder for individual earners. Add the 6.25% combined sales tax on everyday purchases, and the overall cost of living here leans heavily on what residents bring home.