ZIP Code 07933

In ZIP code 07933, near Boonton, homes carry a median value of $637,600, and the county-level effective property tax rate of 1.72% translates into roughly $10,967 in annual property taxes on such a home. With per-capita income at $73,263, that tax bill equals about 15% of a single resident's yearly earnings, a hefty share by most standards. Sales taxes add 6.62% to purchases. The gap between what homes cost and what people earn here means ownership leans heavily on accumulated equity or dual incomes rather than on income alone.