Cost of Living in ZIP 07960
Morristown, NJ — Morris County
ZIP code 07960 has a cost of living index of 135 (100 = national average), making it significantly more expensive than the national average. Part of the New York MSA.
Cost of Living Index
135
vs. National Avg
+35
Median Income
$95,000
Median Home Price
$625,000
Property Tax Rate
2.15%
Population
19,536
County
Morris County
Metro Area
New York MSA
About ZIP 07960
ZIP code 07960 is located in Morristown, NJ (Morris County). With a cost of living index of 135, this is one of the more expensive areas in the country. Housing is typically the largest factor, with median home prices at $625,000.
The median household income in this ZIP code is $95,000. This is above the national median, which helps offset the local cost of living.
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