Boston, MA — income, home value, property tax, and sales tax.
In ZIP code 02125, part of Boston, homes carry a median value of $657,100, and the county-level effective property tax rate of 0.66% works out to roughly $4,337 a year in taxes on such a home. Households here earn a median of $82,953, with per-capita income at $47,203, so property taxes alone would claim about 5% of a median household's annual income. Sales tax adds 6.25% on purchases. The gap between what homes cost and what residents bring in shapes how far earnings stretch toward ownership in this part of Boston.
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