Cambridge, MA — income, home value, property tax, and sales tax.
In ZIP code 02465, near Cambridge, homes carry a median value of $1,159,200, and the county's 1.03% effective property tax rate translates into roughly $11,940 a year in taxes on such a home. Households here earn a median of $194,265, with per-capita income at $111,387, so that tax bill equals about 6% of median household earnings — a share that stays contained because incomes run high. Sales tax adds 6.25% on purchases. Even so, the combination of seven-figure home values and steady annual taxes keeps ownership costly in absolute terms.
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