Red Bank, New Jersey — Tax Burden
What is the tax burden in Red Bank, New Jersey?
Red Bank, New Jersey has a total tax burden of 15.47%, ranking #427 nationally. Property tax rate: 1.96%, state income tax: 3.994%, sales tax: 6.63%. Median household income is $89,500.
Source: US Census ACS, 2022
Ranked #427 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
15.47%
Rank: 427th nationally
Property Tax Rate
1.96%
Rank: 938th nationally
Income Tax Rate
3.994%
New Jersey state rate
Sales Tax Rate
6.63%
State + local combined
Tax Burden Breakdown
Property (60%)Income (26%)Sales (14%)
Median Income: $89,500
Median Home Value: $424,700
Median Property Tax: $8,315/yr
Population: 12,868