Princeton, New Jersey — Tax Burden
What is the tax burden in Princeton, New Jersey?
Princeton, New Jersey has a total tax burden of 13.01%, ranking #1472 nationally. Property tax rate: 1.03%, state income tax: 5.167%, sales tax: 6.63%. Median household income is $176,695.
Source: US Census ACS, 2022
Ranked #1472 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
13.01%
Rank: 1472nd nationally
Property Tax Rate
1.03%
Rank: 3217th nationally
Income Tax Rate
5.167%
New Jersey state rate
Sales Tax Rate
6.63%
State + local combined
Tax Burden Breakdown
Property (43%)Income (40%)Sales (17%)
Median Income: $176,695
Median Home Value: $971,200
Median Property Tax: $10,001/yr
Population: 30,450