ZIP Code 04941

In ZIP code 04941, near Palermo, homes carry a median value of $214,000, and the county-level effective property tax rate of 1.04% works out to roughly $2,226 a year for a home at that price. Households here earn a median of $65,662, while per-capita income stands at $34,963, so property taxes claim a meaningful slice of annual earnings. Combined with a 5.50% sales tax, these costs shape what buyers can shoulder. The gap between home prices and local incomes means affordability hinges less on the tax rate itself than on how far each dollar of earnings stretches.