ZIP Code 04987

ZIP code 04987, centered on Palermo, sits in working-class to middle-income territory, with a median household income of $44,583 and per-capita income of $32,535. Homes here carry a median value of $213,000, and the county-level effective property tax rate of 1.04% applies against that value. Combined with a 5.50% sales tax rate, the overall tax load leans on earned income and everyday purchases more than on high-end property wealth, reflecting a community where household budgets are stretched across essentials rather than cushioned by large asset bases.