Boonton, NJ — income, home value, property tax, and sales tax.
ZIP code 07927, centered on Boonton, ranks among New Jersey's more affluent areas, with a median household income of $170,400 and per-capita income of $69,692. Homes here carry a median value of $646,700, and the county-level effective property tax rate of 1.72% means owners face a substantial annual bill on that valuation. Add a combined sales tax of 6.62%, and the overall tax load is steep, though the income base is strong enough to absorb it. This is a well-off enclave where high earnings and high housing costs move together.
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