ZIP Code 02145

In ZIP code 02145, near Cambridge, homes carry a median value of $828,600, and the county-level effective property tax rate of 1.03% translates into roughly $8,535 in annual property taxes on such a home. Median household income of $123,755 covers that bill but leaves a meaningful share of earnings committed to housing, especially alongside a 6.25% combined sales tax on purchases. Per-capita income of $65,296 hints at how varied household finances are across the area. High home values paired with steady earnings make ownership costly here, and the tax bill adds a recurring expense that shapes what buyers can take on.