ZIP Code 07514

In ZIP code 07514, near Paterson, households earn a median of $70,205, while per-capita income sits at $27,505. That gap hints at varied household sizes and earners per home. Buying at the median home value of $342,900 means facing the county's 2.18% effective property tax rate, a yearly bill that takes a real bite out of earnings. Everyday purchases carry a combined 6.62% sales tax. Together, these costs shape how far a paycheck stretches here, with housing and taxes claiming a meaningful share before other expenses enter the picture.