ZIP Code 02142

In ZIP code 02142, which sits in Cambridge, households earn a median of $147,723, while per-capita income reaches $99,370. Those earnings meet a housing market where the median home value is $1,954,500. At the county's 1.03% effective property tax rate, a home at that value would generate an annual tax bill near $20,131, a sizable line item even at this income level. Sales taxes add 6.25% to most purchases. The combination of steep home prices and a six-figure income profile shapes a budget where housing and taxes claim substantial shares of what households bring in.