Lynn, MA — income, home value, property tax, and sales tax.
Homes in ZIP code 01985 near Lynn carry a median value of $808,200, and the county-level effective property tax rate of 1.04% translates into a substantial annual bill—roughly $8,400 based on that median. Households here earn a median of $179,500, with per-capita income at $83,177, so property taxes claim a meaningful but not overwhelming share of earnings. Sales tax in the area totals 6.25%. Buyers weighing a move to this ZIP should expect high entry costs offset by strong incomes, making the tax load proportional to the price of housing.
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