Summit, NJ 7901

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 2630 3210 $9,466 $2,033
(29.66% of returns)
$2,387
(3.04% of returns)
$7,300
$25,000 to $50,000 1290 2100 $32,542 $4,426
(26.36% of returns)
$8,626
(14.73% of returns)
$9,000
$50,000 to $75,000 960 1530 $53,585 $6,300
(32.29% of returns)
$17,458
(17.71% of returns)
$7,661
$75,000 to $100,000 760 1370 $68,409 $7,363
(47.37% of returns)
$22,495
(26.32% of returns)
$9,866
$100,000 to $200,000 1750 4090 $93,564 $9,728
(56.57% of returns)
$26,687
(22.29% of returns)
$11,311
Over $200,000 3500 11650 $497,091 $44,479
(82.86% of returns)
$30,556
(11.14% of returns)
$19,530
For Zip 10890 23950 $237,264

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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