ZIP Code 07302

In ZIP code 07302, which covers part of Jersey City, households earn a median of $175,077, while per-capita income reaches $114,324. That earnings base shapes how local costs land: a median home valued at $865,100 carries an effective property tax rate of 1.77%, a county-level figure that adds up quickly on higher assessments. Sales taxes combine to 6.62%, so everyday purchases also draw on the paycheck. With income well above national norms, many households can absorb both the property levy and consumption taxes, though the gap between median value and earnings means housing remains the dominant line in most budgets here.