Boonton, NJ — income, home value, property tax, and sales tax.
Households in ZIP code 07970, near Boonton, report a median income of $250,001, with per-capita earnings of $107,221. Homes here carry a median value of $1,258,300, and the county-level effective property tax rate of 1.72% means ownership costs stay tied closely to that high valuation. Add the 6.62% combined sales tax, and everyday spending carries its own premium. Strong earnings give households room to absorb both, though the scale of housing values and income alike sets this area apart from most of the state.