ZIP Code 07950

In ZIP code 07950, which takes in Boonton, households earn a median of $153,762 a year, while per-capita income sits at $73,079. That earning power meets a housing market where the median home is valued at $589,900, and the county-level property tax rate of 1.72% applies against that value. Sales tax in the area combines to 6.62%, so everyday purchases carry that added cost. Together these figures sketch a budget shaped by strong incomes offset by steep housing prices and the recurring property tax tied to them.