Jersey City, NJ — income, home value, property tax, and sales tax.
In Jersey City's 07304, households bring in a median of $70,986, while per-person income reaches $39,475. A median home here is valued at $537,200, and the county-level property tax rate of 1.77% means owners pay a sizable share of that value each year in taxes. Add the 6.62% combined sales tax on purchases, and the cost picture reflects an urban market where incomes are moderate but housing prices and tax rates run high. Buyers weighing a move should factor both the property levy and everyday sales tax into their annual spending.
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