ZIP Code 07086

In ZIP code 07086, near Jersey City, households earn a median of $127,763, with per-capita income reaching $94,947. That earning power supports a median home value of $889,000, and the county-level property tax rate of 1.77% translates into a substantial annual bill on a home at that price. Sales tax adds 6.62% to most purchases. High incomes here help absorb these costs, though housing expenses claim a large share of earnings. The gap between median household and per-capita income also hints at varied household sizes and compositions across the area.