ZIP Code 07438

Households in ZIP code 07438, near Boonton, report a median income of $123,271, while per-capita income sits at $57,625—a gap that hints at varied earning levels across the area. With median home values at $436,900 and a county effective property tax rate of 1.72%, property taxes take a meaningful bite out of ownership costs. Add the 6.62% combined sales tax on purchases, and daily spending carries its own premium. Together these figures shape a budget where housing and consumption costs run high, making income strength essential to covering both.