Boonton, NJ — income, home value, property tax, and sales tax.
In Boonton's 07857 ZIP code, homes carry a median value of $346,100, and the county-level effective property tax rate of 1.72% translates into a yearly bill of roughly $5,950 on such a home. With median household income at $85,898 and per-capita income at $51,015, that levy equals about 7% of a typical household's annual earnings. Sales tax in the area stands at 6.62%, adding to everyday costs. The relationship between what homes cost, what the tax rate extracts, and what households bring in shapes how far a paycheck stretches here.
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