ZIP Code 07470

In ZIP code 07470, near Paterson, households bring in a median of $153,056 a year, with per-capita income at $64,370. That earnings level sits well above what a $612,700 median home value would demand on its own, though property taxes take a real bite: the county's 2.18% effective rate works out to roughly $13,357 annually on such a home. Combined with a 6.62% sales tax, these costs shape how far each paycheck stretches, even at higher incomes.