ZIP Code 08505

In ZIP code 08505, near Joint Base Mdl, homes carry a median value of $362,500 while households bring in a median of $112,845 a year. At the county's 2.25% effective property tax rate, that home value translates into roughly $8,156 in annual taxes. Per-capita income sits at $50,955. The relationship between earnings and housing costs here leaves homeowners with a substantial tax bill each year, though the median household income covers it. A combined sales tax of 6.62% also applies to purchases in the area.