Lynn, MA — income, home value, property tax, and sales tax.
In ZIP code 01913, near Lynn, homes carry a median value of $519,300, and the county's 1.04% effective property tax rate translates into a substantial annual bill for owners. Households here earn a median of $103,554, while per-capita income sits at $58,352, so property taxes claim a meaningful share of yearly earnings. Combined with a 6.25% sales tax, the overall cost of living adds pressure on top of mortgage payments. Buyers weighing a move to this area should factor the tax bill into their housing budget alongside the purchase price itself.
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