Lynn, MA — income, home value, property tax, and sales tax.
In ZIP code 01945, near Lynn, homes carry a median value of $942,200, and the county-level effective property tax rate of 1.04% translates into a substantial annual bill. Households earning a median of $179,583 can absorb that cost, particularly given per-capita income of $103,886, though the tax still consumes a meaningful share of earnings. A combined sales tax rate of 6.25% adds to everyday costs. Together these figures show a market where high incomes support high home values, but the property tax load remains a real consideration for buyers stretching to enter this price range.
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