Franklin, NJ — income, home value, property tax, and sales tax.
In ZIP 07822, near Franklin, households bring in a median of $114,545, with per-capita income at $49,083. That earnings level pairs with a median home value of $436,700, and the county's 2.32% effective property tax rate means owning there carries a real annual cost. Sales tax adds 6.62% to purchases. Together these figures sketch a community where incomes are solid but housing and taxes still claim a meaningful share of the budget, so buyers and current owners alike should weigh both the sticker price of a home and the ongoing tax load it brings.
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