ZIP Code 02205

Boston, MA — income, home value, property tax, and sales tax.

Median household income
N/A
Per-capita income
N/A
Median home value
$705,800
Property tax rate
0.66%
Combined sales tax
6.25%

In ZIP code 02205, part of Boston, the county-level effective property tax rate is 0.66%, while the combined sales tax rate is 6.25%. A homeowner here pays $660 annually for every $100,000 of assessed value, so a $500,000 home would carry roughly $3,300 in yearly property taxes. How heavy that feels depends on earnings: higher local incomes make the bill easier to absorb, and lower ones make it a larger share of the household budget. Boston's housing costs already run high, so the tax rate itself adds a comparatively smaller layer to the overall expense of owning a home.