ZIP Code 07435

Households in ZIP code 07435, near Boonton, earn a median of $145,342, with per-capita income at $72,489 — figures that place the area firmly in affluent territory rather than middle-income. Homes carry a median value of $464,000, and the county-level property tax rate of 2.18% means owners pay a substantial sum each year on that valuation. Sales tax adds 6.62% to purchases. High earnings here coexist with a heavy property tax load, so the cost of living runs steep even though incomes are strong.