ZIP Code 02481

In ZIP code 02481, near Quincy, homes carry a median value of $1,694,600, and the county-level effective property tax rate of 1.06% translates into a substantial annual bill. That burden lands on households with a median income of $250,001, while per-capita income reaches $121,763. High earnings help offset the cost, but the tax still claims a meaningful share of annual income. Sales tax in the area runs 6.25%. The combination of steep home prices and a property levy tied to those values means buyers here need strong, sustained income to absorb both a large mortgage and the recurring tax.