ZIP Code 02535

ZIP code 02535, covering Chilmark, ranks among the wealthiest places in the country, with a median household income of $153,966 and per-capita income of $92,785. Home values are extraordinarily high, averaging $1,888,000, yet the county-level effective property tax rate of just 0.50% keeps annual tax bills lower than many areas with far cheaper housing. Combined with a 6.25% sales tax, the overall tax load stays contained despite the affluence here. This is a distinctly upper-income enclave where property wealth, not tax rates, drives the cost of living.