Lynn, MA — income, home value, property tax, and sales tax.
ZIP code 01951, near Lynn, ranks among the wealthier areas in the region, with a median household income of $182,684 and per-capita income of $103,238. Homes here carry a median value of $854,700, and the county-level property tax rate of 1.04% translates into a substantial annual bill on that value. A combined sales tax of 6.25% applies to purchases in the area. Together, these figures describe an affluent community where high earnings and expensive housing come with a correspondingly heavy tax load.
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