Boston, MA — income, home value, property tax, and sales tax.
In ZIP 02121, part of Boston, homes carry a median value of $590,200 while the county's effective property tax rate sits at 0.66%. That combination yields an annual tax bill far beyond what most local households earn: median household income is $43,136, and per-capita income reaches $29,051. The gap between home prices and earnings shapes who can buy and stay here. A 6.25% combined sales tax adds further cost to daily purchases. Ownership in this ZIP demands either substantial equity, assistance, or long tenure, since income alone cannot readily cover both a mortgage and the property taxes tied to such valuations.
These numbers change over time. Get an update when they do — plus our recommendations.
No spam. Unsubscribe any time.