ZIP Code 08247

ZIP code 08247, centered on Avalon, ranks among the wealthiest enclaves in the region. Median household income reaches $167,917, and per-capita income stands at $139,839 — figures that place area households well above national norms. Housing costs reinforce that standing: the median home is valued at $1,805,600. Owners here pay property taxes at a 1.22% county rate, which on such a valuation amounts to a substantial annual bill, though high incomes absorb it more easily than most places could. The combined sales tax of 6.62% applies to everyday purchases. Altogether, this is an affluent shoreline ZIP where steep home values and the taxes tied to them define the local economic picture.