Does New Jersey or Delaware have lower taxes? We answer that in a variety of ways below:
New Jersey vs Delaware Income Tax Comparison
New Jersey | Delaware | |
Income Tax Rates & Thresholds |
| |
Median Income | $92,340 | $80,750 |
Income Tax Paid On Median Household Income | $16,776 | $14,624 |
Income After Tax Based on Median Household Income | $75,564 | $66,126 |
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New Jersey vs Delaware Property Tax Comparison
New Jersey | Delaware | |
Average Property Tax Rate | 1.79% | 0.48% |
Average House Price By State | $500,717 | $367,443 |
Average Property Tax Owed Per Year | $8,963 | $1,764 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $66,601 | $64,362 |
New Jersey vs Delaware Sales Tax Comparison
New Jersey | Delaware | |
Average State Sales Tax | 6.63% | 0.00% |
Average Local Sales Tax Across the State | -0.03% | 0.00% |
Average Combined Sales Tax Rate | 6.60% | 0.00% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $4,124 | $0 |
Maximum Disposable Income Based on Median Household Income | $62,478 | $64,362 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
New Jersey | Delaware | |
Income Tax Owed | $3,723 | $4,687 |
After Tax Income | $36,277 | $35,313 |
Income After Income & Property Tax | $27,314 | $33,549 |
Maximum Disposable Income After Income, Property & Sales Taxes | $25,623 | $33,549 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
New Jersey | Delaware | |
Income Tax Owed | $7,736 | $8,725 |
After Tax Income | $52,264 | $51,275 |
Income After Income & Property Tax | $43,301 | $49,511 |
Maximum Disposable Income After Income, Property & Sales Taxes | $40,620 | $49,511 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
New Jersey | Delaware | |
Income Tax Owed | $13,276 | $14,410 |
After Tax Income | $66,724 | $65,590 |
Income After Income & Property Tax | $57,761 | $63,826 |
Maximum Disposable Income After Income, Property & Sales Taxes | $54,185 | $63,826 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
New Jersey | Delaware | |
Income Tax Owed | $18,950 | $20,130 |
After Tax Income | $81,050 | $79,870 |
Income After Income & Property Tax | $72,087 | $78,106 |
Maximum Disposable Income After Income, Property & Sales Taxes | $67,624 | $78,106 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
New Jersey | Delaware | |
Income Tax Owed | $11,121 | $13,621 |
After Tax Income | $88,879 | $86,379 |
Income After Income & Property Tax | $79,916 | $84,615 |
Maximum Disposable Income After Income, Property & Sales Taxes | $74,968 | $84,615 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
New Jersey | Delaware | |
Income Tax Owed | $23,941 | $26,976 |
After Tax Income | $126,059 | $123,024 |
Income After Income & Property Tax | $117,096 | $121,260 |
Maximum Disposable Income After Income, Property & Sales Taxes | $109,846 | $121,260 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
New Jersey | Delaware | |
Income Tax Owed | $38,109 | $41,276 |
After Tax Income | $161,891 | $158,724 |
Income After Income & Property Tax | $152,928 | $156,960 |
Maximum Disposable Income After Income, Property & Sales Taxes | $143,460 | $156,960 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
New Jersey | Delaware | |
Income Tax Owed | $53,213 | $56,495 |
After Tax Income | $196,787 | $193,505 |
Income After Income & Property Tax | $187,824 | $191,741 |
Maximum Disposable Income After Income, Property & Sales Taxes | $176,195 | $191,741 |
FAQ
Does New Jersey or Delaware have lower income taxes?
New Jersey’s income tax falls into the following range:
- 2.20%: $2,000-$,5000
- 3.90%: $5,001-$10,000
- 4.80%: $10,001-$20,000
- 5.20%: $20,001-$25,000
- 5.55%: $25,001-$60,000
- 6.60%: $60,001+
Whereas Delaware’s income tax is the following
Does New Jersey or Delaware have lower property taxes?
New Jersey has an average property tax rate of 1.79%
In comparison, Delaware has an average property tax rate of 0.48%
Does New Jersey or Delaware have lower sales taxes?
New Jersey has a state sales tax rate of 6.63% and an average local rate of -0.03% for a combined total rate of 6.60%.
In contrast, Delaware has a state sales tax rate of 0.00% and an average local rate of 0.00% for a combined total rate of 0.00%.
Do you get to keep more money in New Jersey or Delaware?
Based on median household income after income, property and sales taxes New Jersey gives you a maximum amount of disposable income of $62,478
In comparison, Delaware gives you $64,362.
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