Warren, NJ — income, home value, property tax, and sales tax.
In ZIP 08502, near Warren, households bring in a median of $227,242 a year, while per-capita income sits at $87,447. With a median home value of $816,700 and the county's 1.81% effective property tax rate, annual property taxes on such a home run roughly $14,800, a real line item against those earnings. Add the 6.62% combined sales tax on purchases, and daily spending carries its own premium. Even so, the income base here is strong enough that housing costs and consumption taxes can coexist without straining most household budgets.
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