Cambridge, MA — income, home value, property tax, and sales tax.
In ZIP code 02138, which covers part of Cambridge, households earn a median of $119,967, while per-capita income reaches $75,496. Homes here carry a median value of $1,212,400, and the county-level property tax rate of 1.03% means owners pay a substantial sum each year on that assessment. Sales tax in the area totals 6.25%, adding a bit to everyday purchases. With earnings at this level, housing costs and property taxes take a meaningful share of the annual budget, though the high incomes provide considerable capacity to cover them.
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