ZIP Code 08562

Households in ZIP code 08562, near Joint Base Mdl, bring in a median of $103,493 a year, while per-capita income sits at $42,745. That earnings base supports a median home value of $301,800, and the county-level property tax rate of 2.25% means an owner at that value pays roughly $6,790 annually in property taxes. Add a combined sales tax of 6.62% on purchases, and the ongoing cost of living here leans on a solid income stream. Day-to-day spending and ownership costs both draw on the same paycheck, so the income level shapes how comfortably households absorb each.