Paterson, NJ — income, home value, property tax, and sales tax.
In ZIP code 07012, near Paterson, households earn a median of $101,737, with per-capita income at $52,382. A median home value of $483,800 meets a county property tax rate of 2.18%, a combination that shapes annual housing costs considerably. Add the 6.62% combined sales tax, and daily purchases carry their own weight. Together these figures sketch a place where earning power is solid but ownership demands attention, since property taxes on a home at that value add up quickly. Buyers weighing a move here should factor both taxes into their plans alongside the mortgage itself.
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