ZIP Code 04989

In ZIP code 04989, near Monmouth, homes carry a median value of $244,300, and the county-level property tax rate of 1.09% translates to roughly $2,663 a year for a house at that price. With median household income at $72,300 and per-capita income of $40,939, that tax bill equals about 3.7% of a typical household's annual earnings. Buyers here also pay a 5.50% combined sales tax on purchases. The relationship between local wages and home prices shapes how much room remains in a monthly budget once taxes are accounted for.