ZIP Code 07825

In ZIP code 07825, near Franklin, homes carry a median value of $423,400, and the county-level property tax rate of 2.34% yields an annual bill of roughly $9,900. Households here earn a median of $123,785, so that tax equals about 8% of income—a meaningful slice, though per-capita income of $54,399 shows wide variation within the area. Combined with a 6.62% sales tax, carrying costs add up for buyers stretching to enter this market. The gap between median home value and median earnings means purchasers should weigh whether their own income comfortably covers both mortgage and tax.