ZIP Code 02462

In ZIP code 02462, near Cambridge, households earn a median of $216,339, with per-capita income at $86,780. That earning power shapes how housing costs land: the median home value is $1,210,700, and the county-level effective property tax rate of 1.03% translates into a substantial annual bill, though one that a high-income household can absorb. Sales tax in the area runs 6.25%, a modest drag on everyday spending. Together, these figures describe an affluent corner of the Cambridge area where six-figure incomes and seven-figure home values are the norm, and where property taxes claim a meaningful share of the annual budget.