Jersey City, NJ — income, home value, property tax, and sales tax.
In ZIP code 07002, near Jersey City, households bring in a median of $83,887 a year, while per-capita income sits at $42,565. A median home value of $460,100 paired with the county's 1.77% effective property tax rate means annual property taxes land around $8,100, a meaningful slice of earnings. Add the 6.62% combined sales tax on everyday purchases, and daily costs climb further. Budgets here stretch to cover housing and consumption alike, so residents may find that careful planning around both property taxes and spending carries real weight.
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