Paterson, NJ — income, home value, property tax, and sales tax.
Households in ZIP code 07480, near Paterson, report a median income of $132,676, with per-capita income at $55,973. A median home value of $379,900 pairs with a county-level effective property tax rate of 2.18%, which works out to a substantial annual bill on that value. Shoppers also pay a combined 6.62% sales tax on purchases. Together, these figures sketch a place where earnings run high enough to absorb both the property levy and the sales tax, though housing costs and the county rate claim a meaningful share of that income.
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