Paterson, NJ — income, home value, property tax, and sales tax.
In ZIP code 07424, near Paterson, households bring in a median income of $105,050, with per-capita income at $51,308. Homes here carry a median value of $487,600, and the county-level property tax rate of 2.18% applies against that value. Sales tax adds 6.62% to purchases. Together, these figures sketch a fairly settled picture: earnings are solid, but housing costs and the property levy take a meaningful share, while the sales tax touches everyday spending. Buyers weighing this area should factor both taxes into their monthly math alongside the mortgage.
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