Morristown, NJ 7960

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 5450 7200 $11,030 $2,349
(19.82% of returns)
$2,413
(4.22% of returns)
$7,680
$25,000 to $50,000 3460 5340 $33,537 $4,001
(19.36% of returns)
$8,302
(12.72% of returns)
$7,115
$50,000 to $75,000 2810 4010 $54,628 $4,528
(29.89% of returns)
$17,664
(17.08% of returns)
$7,541
$75,000 to $100,000 1870 2930 $70,739 $6,226
(44.39% of returns)
$21,160
(21.93% of returns)
$8,935
$100,000 to $200,000 3870 8070 $94,549 $9,347
(58.66% of returns)
$27,248
(25.84% of returns)
$10,510
Over $200,000 4370 12190 $332,850 $32,880
(78.95% of returns)
$29,833
(17.16% of returns)
$15,132
For Zip 21830 39740 $128,582

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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