ZIP Code 04345

In ZIP code 04345, which takes in Monmouth, homes carry a median value of $242,800 while the county-level effective property tax rate sits at 1.09%. That rate works out to roughly $2,646 a year in property taxes on a median-valued home. With median household income at $77,410 and per-capita income at $40,192, the annual tax bill amounts to about 3.4% of household earnings. Sales tax in the area is 5.50%. Buyers weighing a purchase here can see how local earnings stack up against both the sticker price of a home and the recurring tax owed on it.