Cambridge, MA — income, home value, property tax, and sales tax.
Households in ZIP code 02468, near Cambridge, report a median income of $250,001, while per-capita income stands at $135,724. A median home value of $1,846,600 pairs with a county-level effective property tax rate of 1.03%, so property taxes on a home at that median would run well above $19,000 a year. The combined sales tax rate is 6.25%, applying to everyday purchases. High earnings and steep housing costs define this area, and the property tax bill tied to its home values is a major recurring expense for owners here.
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