Paterson, NJ — income, home value, property tax, and sales tax.
In ZIP code 07512, near Paterson, households earn a median of $113,563, while per-capita income sits at $46,964. Homes here carry a median value of $559,300, and the county-level property tax rate of 2.18% means owners pay a sizable share of that value each year. Adding the combined sales tax of 6.62% on purchases, the overall cost picture reflects a higher-income area where housing wealth and tax obligations move together. Buyers weighing a move here should factor both the steep property levy tied to home value and the ongoing sales tax into their annual spending plan.
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