ZIP Code 07803

ZIP code 07803, centered on Boonton, sits in affluent territory: a median household income of $119,583 and per-capita income of $49,492 place it well above national norms. Homes here carry a median value of $434,100, and the county-level effective property tax rate of 1.72% means owners face a substantial annual bill. Sales tax runs 6.62% on purchases. This combination of high earnings, expensive housing, and a property levy near the top of what New Jersey communities pay reflects a prosperous area where taxes take a meaningful share of household wealth.