Watchung, New Jersey — Tax Burden
What is the tax burden in Watchung, New Jersey?
Watchung, New Jersey has a total tax burden of 13.57%, ranking #1208 nationally. Property tax rate: 1.26%, state income tax: 5.016%, sales tax: 6.63%. Median household income is $157,065.
Source: US Census ACS, 2022
Ranked #1208 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
13.57%
Rank: 1208th nationally
Property Tax Rate
1.26%
Rank: 2487th nationally
Income Tax Rate
5.016%
New Jersey state rate
Sales Tax Rate
6.63%
State + local combined
Tax Burden Breakdown
Property (47%)Income (37%)Sales (16%)
Median Income: $157,065
Median Home Value: $792,400
Median Property Tax: $10,001/yr
Population: 6,417