ZIP Code 07840

In ZIP code 07840, near Boonton, households earn a median of $105,866, with per-capita income at $53,709. Median home values reach $396,100, and the county-level effective property tax rate is 2.34% — on a home at that median value, that works out to roughly $9,269 a year. Add a combined sales tax of 6.62% on purchases, and the cost picture reflects a higher-income area where housing carries the heaviest tax weight, while everyday spending is taxed at a comparatively moderate rate.