ZIP Code 07405

In Boonton (ZIP 07405), homes carry a median value of $569,800, and the county-level effective property tax rate of 1.72% translates into roughly $9,800 in annual property taxes on such a home. Households here earn a median of $135,169, so that tax bill equals about 7% of median household income, while per-capita income stands at $69,698. The combined sales tax rate of 6.62% adds further cost to everyday purchases. Buyers weighing a move to this area should account for both the steep entry price of housing and the ongoing tax load relative to what residents earn.