Peabody, Massachusetts — Tax Burden
What is the tax burden in Peabody, Massachusetts?
Peabody, Massachusetts has a total tax burden of 12.25%, ranking #1897 nationally. Property tax rate: 0.93%, state income tax: 5.000%, sales tax: 6.25%. Median household income is $91,125.
Source: US Census ACS, 2022
Ranked #1897 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
12.25%
Rank: 1897th nationally
Property Tax Rate
0.93%
Rank: 3661st nationally
Income Tax Rate
5.000%
Massachusetts state rate
Sales Tax Rate
6.25%
State + local combined
Tax Burden Breakdown
Property (42%)Income (41%)Sales (17%)
Median Income: $91,125
Median Home Value: $508,400
Median Property Tax: $4,728/yr
Population: 54,204