Margate City, New Jersey — Tax Burden
What is the tax burden in Margate City, New Jersey?
Margate City, New Jersey has a total tax burden of 12.94%, ranking #1515 nationally. Property tax rate: 1.24%, state income tax: 4.483%, sales tax: 6.63%. Median household income is $112,661.
Source: US Census ACS, 2022
Ranked #1515 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
12.94%
Rank: 1515th nationally
Property Tax Rate
1.24%
Rank: 2534th nationally
Income Tax Rate
4.483%
New Jersey state rate
Sales Tax Rate
6.63%
State + local combined
Tax Burden Breakdown
Property (48%)Income (35%)Sales (17%)
Median Income: $112,661
Median Home Value: $572,100
Median Property Tax: $7,068/yr
Population: 5,331