ZIP Code 07418

In ZIP code 07418, near Franklin, households earn a median of $156,439, while per-capita income sits at $54,741. A median home value of $399,600 carries a 2.32% county property tax rate, which works out to roughly $9,270 annually for a home at that price. Combined with a 6.62% sales tax, these costs shape how far each paycheck stretches. High household earnings provide real capacity to absorb both the property tax bill and everyday purchases, though the gap between median household and per-capita figures hints at varying household sizes and earners across the area.