Individual income tax collections
$21,007,331,000
2025 · Census State Government Tax Collections
State-level property tax collections
$4,902,000
2025 · Census State Government Tax Collections; excludes local property taxes
General sales tax collections
$14,836,126,000
2025 · Census State Government Tax Collections
State tax collections per resident
$5,662
2025 · Census tax collections
State tax collections
$54,065,138,000
2025 · Census Annual Survey of State Government Tax Collections
Income Tax
Personal income tax.
Individual income tax collections
$21,007,331,000
2025 · Census State Government Tax Collections
Top rate
10.75%
Brackets
8
Individual income tax collections
1990–2025$21,007,331,000▲ 612%
Census State Government Tax Collections (FRED NJINCTAX).
| Indicator | New Jersey | U.S. |
|---|---|---|
| Top income tax rate (%) | 10.75 | 5.0 |
- •The 10.75% millionaires' rate is among the highest state income tax rates in the U.S.
Property Tax
Tax on real estate.
State-level property tax collections
$4,902,000
2025 · Census State Government Tax Collections; excludes local property taxes
Effective property tax
2.23%
Rank
1st highest
State-level property tax collections
1990–2025$4,902,000▼ 71%
Census State Government Tax Collections; excludes local property taxes (FRED NJPROPTAX).
| Indicator | New Jersey | U.S. |
|---|---|---|
| Effective property tax rate (%) | 2.23 | 0.90 |
- •New Jersey has the highest effective property tax rate in the United States.
Sales Tax
Consumption tax.
General sales tax collections
$14,836,126,000
2025 · Census State Government Tax Collections
State sales tax
6.625%
Avg. combined rate
6.60%
Groceries
Exempt
General sales tax collections
1990–2025$14,836,126,000▲ 351%
Census State Government Tax Collections (FRED NJSALESTAX).
| Indicator | New Jersey | U.S. |
|---|---|---|
| Average combined sales tax (%) | 6.60 | 7.52 |
- •Urban Enterprise Zones let some New Jersey stores charge half the state sales tax.
Tax Burden
Overall taxes paid.
State tax collections per resident
$5,662
2025 · Census tax collections
State & local tax burden
13.2% of income
Rank
2nd in the U.S.
State tax collections per resident
1990–2025$5,662▲ 321%
Census tax collections (NJTOTLTAX) divided by Census resident population (NJPOP).
| Indicator | New Jersey | U.S. |
|---|---|---|
| State & local tax burden (% of income) | 13.2 | 11.0 |
- •New Jersey has one of the heaviest state and local tax burdens in the nation.
Tax Revenue
Government income.
State tax collections
$54,065,138,000
2025 · Census Annual Survey of State Government Tax Collections
Largest source
Income tax
State tax collections
1990–2025$54,065,138,000▲ 418%
Census Annual Survey of State Government Tax Collections, fiscal years (FRED NJTOTLTAX).
| Indicator | New Jersey | U.S. |
|---|---|---|
| State tax revenue per capita (USD) | 5700 | 3600 |
- •Income and sales taxes fund most of New Jersey's state budget.