ZIP Code 07874

In ZIP code 07874, near Franklin, households earn a median of $132,500, with per-capita income at $56,521. That earnings level shapes how housing and taxes fit into a budget. At a 2.32% county effective property tax rate, a home valued at $364,000 carries a yearly property tax bill of roughly $8,445. Combined sales tax sits at 6.62%, adding to everyday costs. Strong median earnings help offset these obligations, though the property tax figure alone claims a meaningful share of income, so buyers here should weigh housing costs carefully against take-home pay.