ZIP Code 08816

In Edison’s 08816 ZIP code, households earn a median of $143,586, or $61,061 per person, while the median home is valued at $522,700. Property taxes run at a county-level effective rate of 2.10%, which on that median home amounts to roughly $10,977 a year. Sales tax adds 6.62% to most purchases. Together these figures sketch a fairly high-income, high-property-value area where the annual tax load on housing is substantial, and everyday spending carries a combined rate above six percent.