Franklin, NJ — income, home value, property tax, and sales tax.
In ZIP code 07860, near Franklin, households earn a median of $110,045, with per-capita income at $54,158. Homes here carry a median value of $367,100, and the county-level property tax rate of 2.32% means owners pay roughly $8,517 annually on a house at that value. Sales taxes combine to 6.62%, adding cost to everyday purchases. Together, these figures sketch a place where incomes run well above the national midpoint, housing prices are substantial, and both property and sales taxes take a meaningful bite out of what households bring in.
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