New Jersey Salary After Tax Calculator
Calculate Your Take-Home Pay
Your Results
Enter your salary details and click calculate to see your results
Recent Calculations
| Salary | Net Pay | ||
|---|---|---|---|
| No calculations yet | |||
Quick Actions
Wage Comparison in New Jersey
Compare Your New Jersey Salary
New Jersey offers competitive salaries with a progressive state income tax system. The state’s economy is driven by pharmaceuticals, finance, technology, and manufacturing, with major employment centers in Newark, Jersey City, Trenton, and the Princeton corridor.
- • Compare by Newark, Jersey City, Princeton, and Atlantic City areas
- • Consider NJ’s progressive state income tax (1.4% – 10.75%)
- • Factor in pharma, finance, tech, and manufacturing sectors
New Jersey Salary Factors
Newark: Finance, transportation
Jersey City: Finance, tech
Princeton: Pharmaceuticals, research
Progressive state tax
Average Salary in New Jersey
New Jersey Industry Averages
New Jersey’s economy is highly diversified, with strong pharmaceutical, financial services, technology, and manufacturing sectors. The state is home to major companies like Johnson & Johnson, Merck, Prudential Financial, and many Fortune 500 companies, offering competitive wages despite higher state taxes.
Pharmaceuticals
$95,000
Average annual salary
Finance
$88,000
Average annual salary
Technology
$92,000
Average annual salary
Manufacturing
$68,000
Average annual salary
New Jersey Salary Factors
- • Progressive state tax
- • Pharma industry hub
- • NYC proximity
- • Strong finance sector
- • High cost of living
- • Skilled workforce
New Jersey Minimum Wage
New Jersey State Minimum Wage
New Jersey has set its minimum wage at $15.13 per hour as of 2025, significantly above the federal minimum wage. The state has been gradually increasing the minimum wage with annual adjustments based on the Consumer Price Index.
New Jersey Minimum Wage
$15.13
per hour (2025)
Annual Full-Time
$31,470
40 hours/week, 52 weeks
New Jersey vs Neighboring States
Note: New Jersey’s minimum wage applies to most employees, with some exceptions for tipped workers, seasonal workers, and small employers.
New Jersey Tax Information
Understanding New Jersey Taxes
New Jersey has a progressive state income tax system with rates ranging from 1.4% to 10.75% based on income levels. The state also has a 6.625% sales tax and relatively high property taxes, but offers various deductions and credits to help offset the tax burden.
Federal Income Tax
Progressive rates from 10% to 37% based on income
NJ State Income Tax
Progressive rates from 1.4% to 10.75%
Sales Tax
6.625% state sales tax
Social Security Tax
6.2% on income up to $168,600 (2025 limit)
Medicare Tax
1.45% on all income, plus 0.9% on income over $200,000
New Jersey Tax Structure
Progressive Income Tax
New Jersey uses a progressive tax system with rates from 1.4% (income under $20,000) to 10.75% (income over $1 million).
Sales Tax
New Jersey has a 6.625% state sales tax with no local sales taxes, making it relatively straightforward.
Property Tax
New Jersey has some of the highest property tax rates in the nation, with an average effective rate of around 2.13%.
Tax Credits & Deductions
NJ offers various credits including the Earned Income Tax Credit, Property Tax Deduction, and Child and Dependent Care Credit.
Important Note
This calculator provides estimates. Actual taxes may vary based on deductions, credits, and other factors specific to your situation.