Madison Park CDP, New Jersey — Tax Burden
What is the tax burden in Madison Park CDP, New Jersey?
Madison Park CDP, New Jersey has a total tax burden of 14.96%, ranking #635 nationally. Property tax rate: 1.95%, state income tax: 3.526%, sales tax: 6.63%. Median household income is $74,651.
Source: US Census ACS, 2022
Ranked #635 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
14.96%
Rank: 635th nationally
Property Tax Rate
1.95%
Rank: 952nd nationally
Income Tax Rate
3.526%
New Jersey state rate
Sales Tax Rate
6.63%
State + local combined
Tax Burden Breakdown
Property (62%)Income (24%)Sales (15%)
Median Income: $74,651
Median Home Value: $353,800
Median Property Tax: $6,905/yr
Population: 8,291