ZIP Code 07018

In ZIP code 07018, part of Newark, households bring in a median of $62,564 a year, while per-capita income sits at $35,437. A median home value of $353,800 paired with the county's 1.91% effective property tax rate means annual property taxes near $6,758, a real line item against that income. Sales tax in the area runs 6.62%, adding to everyday costs. Together these figures sketch a budget where housing and taxes claim a meaningful share of earnings, so day-to-day spending and savings have to be planned around those fixed obligations.