Lynn, MA — income, home value, property tax, and sales tax.
In ZIP 01970, which takes in part of Lynn, households earn a median of $85,041, while per-capita income sits at $50,314. With median home values at $542,900 and a county property tax rate of 1.04%, annual property taxes would run near $5,646 for a home at that value — a meaningful line item against that median income. Sales tax in the area totals 6.25%, adding a bit to everyday purchases. Together, housing costs and taxes claim a sizable share of earnings, so buyers here should weigh how a roughly $5,600 tax bill fits alongside their other expenses.
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