New Jersey Income Tax Guide 2025
New Jersey Tax Brackets 2025
New Jersey uses a progressive tax system with rates varying based on income level and filing status. Here's what you need to know:
Sample Take-Home Pay Calculations for New Jersey
Here's what different salary levels look like after taxes in New Jersey(assuming single filing status and standard deductions):
| Gross Salary | Net Take-Home | Effective Tax Rate | Monthly Net |
|---|---|---|---|
| $40,000 | $33,442 | 16.40% | $2,787 |
| $50,000 | $40,944 | 18.11% | $3,412 |
| $60,000 | $48,426 | 19.29% | $4,035 |
| $75,000 | $58,324 | 22.23% | $4,860 |
| $100,000 | $74,327 | 25.67% | $6,194 |
| $125,000 | $90,125 | 27.90% | $7,510 |
| $150,000 | $104,996 | 30.00% | $8,750 |
| $200,000 | $136,633 | 31.68% | $11,386 |
Living in New Jersey: Tax Considerations
When considering employment or relocation to New Jersey, it's important to factor in the total tax burden, including:
- State income tax rates
- Local taxes (if applicable)
- Sales tax rates
- Property tax rates
- Cost of living index
Maximizing Your Take-Home Pay in New Jersey
- Contribute to tax-deferred retirement accounts (401k, IRA)
- Utilize Health Savings Accounts (HSA) if eligible
- Take advantage of Flexible Spending Accounts (FSA)
- Understand available state tax deductions and credits
- Consider the timing of income and deductions
New Jersey vs Other States
Compare your take-home pay in New Jersey with other states: