Paramus, New Jersey — Tax Burden
What is the tax burden in Paramus, New Jersey?
Paramus, New Jersey has a total tax burden of 14.31%, ranking #896 nationally. Property tax rate: 1.46%, state income tax: 4.816%, sales tax: 6.63%. Median household income is $136,824.
Source: US Census ACS, 2022
Ranked #896 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
14.31%
Rank: 896th nationally
Property Tax Rate
1.46%
Rank: 2023rd nationally
Income Tax Rate
4.816%
New Jersey state rate
Sales Tax Rate
6.63%
State + local combined
Tax Burden Breakdown
Property (51%)Income (34%)Sales (15%)
Median Income: $136,824
Median Home Value: $684,800
Median Property Tax: $10,001/yr
Population: 26,582