ZIP Code 01950

In ZIP code 01950, near Lynn, households bring in a median of $139,625, with per-capita income at $83,895. That earnings level sits well above many parts of the state, and it shapes how housing costs land here: the median home is valued at $834,000, and the county-level property tax rate of 1.04% means a substantial annual bill tied to that value. Sales tax runs 6.25% on purchases. High incomes give households room to absorb these costs, though the combination of expensive homes and a meaningful property tax rate keeps housing the dominant line in most local budgets.