Lynn, MA — income, home value, property tax, and sales tax.
Households in ZIP code 01984, near Lynn, report a median income of $194,781, with per-capita income at $59,465. A median home value of $885,400 pairs with a county-level effective property tax rate of 1.04%, which works out to roughly $9,208 a year in property taxes on that median home. Sales taxes add 6.25% at checkout. Together, these figures sketch a high-income, high-home-value area where property taxes claim a meaningful annual sum, while the sales tax rate stays on the lower end.
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