Boonton, NJ — income, home value, property tax, and sales tax.
In ZIP code 07976, near Boonton, households earn a median of $247,697, with per-capita income at $184,535. Homes carry a median value of $1,750,000, and the county-level effective property tax rate is 1.72%, which on such a valuation adds a substantial annual bill. Layered on top is a combined sales tax rate of 6.62% on purchases. Together these figures sketch a high-cost profile: strong earnings paired with steep housing values and property taxes, plus a sales tax that applies to everyday spending.
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