Newark, NJ 7112

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 5960 10310 $13,322 $771
(1.17% of returns)
$2,014
(2.35% of returns)
$5,800
$25,000 to $50,000 3850 7190 $33,904 $988
(2.34% of returns)
$6,965
(6.75% of returns)
$6,165
$50,000 to $75,000 1490 2790 $54,946 $742
(4.7% of returns)
$15,800
(10.74% of returns)
$6,393
$75,000 to $100,000 550 1150 $71,054 $1,300
(9.09% of returns)
$19,755
(16.36% of returns)
$6,822
$100,000 to $200,000 380 910 $87,334 $1,633
(15.79% of returns)
$22,633
(15.79% of returns)
$7,442
Over $200,000 40 80 $219,975 $0
(0% of returns)
$0
(0% of returns)
$10,600
For Zip 12270 22430 $31,645

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Income Tax Rates

Rate Minimum Income Maximum Income
0.014 0 20000
0.0175 20000 35000
0.035 35000 40000
0.05525 40000 75000
0.0637 75000 500000
0.0897 500000 null

Property Tax Rates

Rate Rank (compared to Other States)
0.0221 1

Sales Tax Rates

State Rate Average Local Rate Combined Rate Rank (compared to Other States)
0.06625 -0.0003 0.0660 30