Toms River, NJ — income, home value, property tax, and sales tax.
In ZIP code 08533, near Toms River, homes carry a median value of $492,500, and the county-level property tax rate of 1.65% translates into roughly $8,126 a year. Households here earn a median of $113,583, so that tax bill equals about 7.2% of annual income before any deductions or exemptions. With per-capita income at $52,618, the gap between home prices and individual earnings is wide. A 6.62% sales tax applies to purchases. Buyers weighing a move here should expect housing costs and property taxes to absorb a substantial share of what they bring in.
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