ZIP Code 07005

Boonton, NJ — income, home value, property tax, and sales tax.

Median household income
$132,629
Per-capita income
$65,082
Median home value
$582,500
Property tax rate
1.72%
Combined sales tax
6.63%

In Boonton's 07005 ZIP code, homes carry a median value of $587,100, and the county-level effective property tax rate of 1.72% translates into a substantial annual bill. Households earning a median of $132,629 can absorb that cost, though property taxes alone would claim a meaningful share of income. Per-capita income sits at $65,082. A combined sales tax rate of 6.62% adds to everyday expenses. Buyers weighing a move here should factor the tax bill into their monthly housing math, since the gap between home prices and what residents earn shapes how far a paycheck stretches.

See how Boonton, NJ taxes stack up

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