Does New Jersey or Idaho have lower taxes? We answer that in a variety of ways below:
New Jersey vs Idaho Income Tax Comparison
New Jersey | Idaho | |
Income Tax Rates & Thresholds |
| |
Median Income | $92,340 | $72,580 |
Income Tax Paid On Median Household Income | $16,776 | $13,701 |
Income After Tax Based on Median Household Income | $75,564 | $58,879 |
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New Jersey vs Idaho Property Tax Comparison
New Jersey | Idaho | |
Average Property Tax Rate | 1.79% | 0.46% |
Average House Price By State | $500,717 | $443,638 |
Average Property Tax Owed Per Year | $8,963 | $2,041 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $66,601 | $56,838 |
New Jersey vs Idaho Sales Tax Comparison
New Jersey | Idaho | |
Average State Sales Tax | 6.63% | 6.00% |
Average Local Sales Tax Across the State | -0.03% | 0.02% |
Average Combined Sales Tax Rate | 6.60% | 6.02% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $4,124 | $3,227 |
Maximum Disposable Income Based on Median Household Income | $62,478 | $53,611 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
New Jersey | Idaho | |
Income Tax Owed | $3,723 | $4,441 |
After Tax Income | $36,277 | $35,559 |
Income After Income & Property Tax | $27,314 | $33,518 |
Maximum Disposable Income After Income, Property & Sales Taxes | $25,623 | $31,615 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
New Jersey | Idaho | |
Income Tax Owed | $7,736 | $8,568 |
After Tax Income | $52,264 | $51,432 |
Income After Income & Property Tax | $43,301 | $49,391 |
Maximum Disposable Income After Income, Property & Sales Taxes | $40,620 | $46,587 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
New Jersey | Idaho | |
Income Tax Owed | $13,276 | $14,168 |
After Tax Income | $66,724 | $65,832 |
Income After Income & Property Tax | $57,761 | $63,791 |
Maximum Disposable Income After Income, Property & Sales Taxes | $54,185 | $60,169 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
New Jersey | Idaho | |
Income Tax Owed | $18,950 | $19,768 |
After Tax Income | $81,050 | $80,232 |
Income After Income & Property Tax | $72,087 | $78,191 |
Maximum Disposable Income After Income, Property & Sales Taxes | $67,624 | $73,751 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
New Jersey | Idaho | |
Income Tax Owed | $11,121 | $12,482 |
After Tax Income | $88,879 | $87,518 |
Income After Income & Property Tax | $79,916 | $85,477 |
Maximum Disposable Income After Income, Property & Sales Taxes | $74,968 | $80,624 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
New Jersey | Idaho | |
Income Tax Owed | $23,941 | $25,537 |
After Tax Income | $126,059 | $124,463 |
Income After Income & Property Tax | $117,096 | $122,422 |
Maximum Disposable Income After Income, Property & Sales Taxes | $109,846 | $115,471 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
New Jersey | Idaho | |
Income Tax Owed | $38,109 | $39,537 |
After Tax Income | $161,891 | $160,463 |
Income After Income & Property Tax | $152,928 | $158,422 |
Maximum Disposable Income After Income, Property & Sales Taxes | $143,460 | $149,427 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
New Jersey | Idaho | |
Income Tax Owed | $53,213 | $54,456 |
After Tax Income | $196,787 | $195,544 |
Income After Income & Property Tax | $187,824 | $193,503 |
Maximum Disposable Income After Income, Property & Sales Taxes | $176,195 | $182,516 |
FAQ
Does New Jersey or Idaho have lower income taxes?
New Jersey’s income tax falls into the following range:
- 1.00%: $0-$1,662
- 3.00%: $1,663-$4,987
- 4.50%: $4,988-$8,311
- 6.00%: $8,312+
Whereas Idaho’s income tax is the following
Does New Jersey or Idaho have lower property taxes?
New Jersey has an average property tax rate of 1.79%
In comparison, Idaho has an average property tax rate of 0.46%
Does New Jersey or Idaho 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, Idaho has a state sales tax rate of 6.00% and an average local rate of 0.02% for a combined total rate of 6.02%.
Do you get to keep more money in New Jersey or Idaho?
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, Idaho gives you $53,611.
More Comparisons:
New Jersey vs West Virginia
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New Jersey vs New Hampshire
New Jersey vs Maine
New Jersey vs Montana
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