ZIP Code 08050

Households in the 08050 ZIP code, centered on Toms River, earn a median of $115,676 a year, with per-capita income at $53,586. A median home value of $422,900 pairs with a county property tax rate of 1.65%, which works out to roughly $6,978 in annual taxes on such a home. Add the 6.62% combined sales tax on purchases, and a sizable share of earnings goes toward housing and everyday costs. Still, the gap between income and home prices leaves many households with room to cover other expenses and save.