Summit, New Jersey — Tax Burden
Ranked #1472 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
13.01%
Rank: 1472nd nationally
Property Tax Rate
1.10%
Rank: 2950th 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: $176,702
Median Home Value: $907,900
Median Property Tax: $10,001/yr
Population: 22,555