Franklin, NJ — income, home value, property tax, and sales tax.
ZIP code 07439, anchored by Franklin, sits in solidly middle-to-upper-income territory, with a median household income of $105,551 and per-capita income of $50,892. Homes here carry a median value of $324,500, and the county-level property tax rate of 2.32% means owners pay a meaningful share of that value annually in taxes. Add a combined sales tax of 6.62%, and the overall tax picture is one of a community that earns well but also contributes steadily through both property and consumption levies.
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