Jersey City, NJ — income, home value, property tax, and sales tax.
In ZIP code 07093, near Jersey City, homes carry a median value of $431,500 while households earn a median of $73,174 and per-capita income reaches $41,582. At the county's 1.77% effective property tax rate, a home at that median value would generate roughly $7,638 in annual taxes — a figure that would absorb a meaningful share of a household's yearly earnings. Combined with a 6.62% sales tax, these costs shape what buyers here can realistically carry, since income growth would need to keep pace with both mortgage costs and ongoing tax obligations.
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