ZIP Code 07206

In ZIP code 07206, which takes in part of Elizabeth, households earn a median of $68,420, while per-capita income sits at $24,955 — a gap that hints at larger households pooling earnings. Buying at the median home value of $452,600 means property taxes near 1.89% of assessed worth, a county-level rate that adds up quickly on that price. Everyday purchases carry a 6.62% combined sales tax. Together these costs shape how far a paycheck stretches, with housing and sales levies claiming a meaningful share before other expenses enter the picture.