Cambridge, MA — income, home value, property tax, and sales tax.
In ZIP code 02458, which covers part of Cambridge, households bring in a median of $153,520 a year, while per-capita income reaches $84,032. That earning power meets a steep housing market: the median home value sits at $1,136,100, and the county-level property tax rate of 1.03% translates into a substantial annual bill on a property at that price. Sales tax runs 6.25% on purchases. High incomes here support high housing costs, but the property tax line takes a real bite out of the monthly budget, so buyers should weigh their expected tax payment alongside the mortgage itself.
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