ZIP Code 07827

With a median household income of $101,444 and per-capita income of $50,140, ZIP code 07827 sits in solidly middle-to-upper-income territory, anchored by Franklin. Homes here carry a median value of $346,200, and the county-level property tax rate of 2.32% means owners pay a meaningful share of that value each year. Combined with a 6.62% sales tax, the overall tax picture skews toward a heavier load than many parts of the country. Households earning around the median can absorb these costs, but the property tax in particular takes a real bite out of ownership expenses.