Franklin, NJ — income, home value, property tax, and sales tax.
Households in the 07826 ZIP code, centered on Franklin, earn a median of $116,598 a year, with per-capita income at $55,665. That earning power meets a housing market where the median home is valued at $392,200. Property taxes in this county run at an effective rate of 2.32%, so a home at that median value would generate an annual tax bill above $9,000. Layered on top is a combined sales tax of 6.62% on purchases. Together these figures sketch a budget shaped by solid incomes paired with real ownership costs.
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