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New Jersey Income Tax Calculator — Updated 2026

New Jersey (NJ) · State tax: 6.37% · Property tax: 2.49%

New Jersey levies a 6.37% state income tax, which applies on top of your federal tax obligations. This creates a combined marginal rate that directly reduces your take-home pay and affects retirement contribution decisions. The cost of living index in New Jersey is 123, so your after-tax dollars buy less than average due to higher living costs. Use this calculator to estimate your total New Jersey income tax liability for 2026, including applicable deductions and credits.

New Jersey Financial Data (2026)

State Income Tax
6.37%
Property Tax Rate
2.49%
Median Home Price
$435,000
Annual Property Tax (median home)
$10,832
Avg Homeowners Insurance
$1,440/year
Cost of Living Index
123 (100 = avg)
State Estate Tax
Yes
State Abbreviation
NJ