ZIP Code 07102

In ZIP 07102, which covers part of Newark, households bring in a median of $38,864 a year, while per-capita income sits at $33,907. With home values averaging $431,500, the county's 1.91% effective property tax rate translates into a steep annual bill relative to those earnings, so owning here takes a substantial share of income. Add the 6.62% combined sales tax on everyday purchases, and daily costs climb further. Renters and owners alike feel the squeeze, since paychecks in this range stretch less once housing and consumption taxes are accounted for.