Lynn, MA — income, home value, property tax, and sales tax.
In ZIP code 01940, near Lynn, households earn a median of $173,214, with per-capita income at $78,738. Homes here carry a median value of $905,400, and the county-level effective property tax rate of 1.04% means a substantial annual bill for owners. Sales tax across the area totals 6.25%, applied to most purchases. Together, these figures sketch a high-income, high-home-value market where property taxes take a meaningful bite and everyday spending carries a sales tax that adds up over time.
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