Cambridge, MA — income, home value, property tax, and sales tax.
ZIP code 02467, which takes in part of Cambridge, ranks among the wealthier areas in the region, with a median household income of $169,104 and per-capita income of $81,912. Homes here are valued highly, at a median of $1,339,100, and the county-level property tax rate of 1.06% translates into a substantial annual bill on that value. Sales tax in the area stands at 6.25%. Together these figures point to an affluent community where incomes are high but the cost of owning property, and the taxes tied to it, are steep as well.
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