Florham Park, New Jersey — Tax Burden
What is the tax burden in Florham Park, New Jersey?
Florham Park, New Jersey has a total tax burden of 14.12%, ranking #978 nationally. Property tax rate: 1.42%, state income tax: 4.869%, sales tax: 6.63%. Median household income is $141,620.
Source: US Census ACS, 2022
Ranked #978 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
14.12%
Rank: 978th nationally
Property Tax Rate
1.42%
Rank: 2103rd nationally
Income Tax Rate
4.869%
New Jersey state rate
Sales Tax Rate
6.63%
State + local combined
Tax Burden Breakdown
Property (50%)Income (34%)Sales (15%)
Median Income: $141,620
Median Home Value: $705,200
Median Property Tax: $10,001/yr
Population: 12,790