Lynn, MA — income, home value, property tax, and sales tax.
In ZIP code 01938, near Lynn, households earn a median of $138,750, with per-capita income at $71,987. Homes here carry a median value of $745,400, and the county-level property tax rate of 1.04% applies to that valuation. Sales taxes add 6.25% at checkout. Those earnings support a substantial housing market, though the property levy tied to a $745,400 home takes a real bite each year. Day-to-day purchases also carry the combined sales tax. Budgeting here means weighing a strong income against steep housing costs and the recurring tax obligations that come with owning property in this area.
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