New Jersey vs Louisiana Taxes: Income, Property & Sales

Does New Jersey or Louisiana have lower taxes? We answer that in a variety of ways below:

New Jersey vs Louisiana Income Tax Comparison

	New Jersey	Louisiana
Income Tax Rates & Thresholds	1.40%: $0-$20,000 1.75%: $20,001-$35,000 3.50%: $35,001-$40,000 5.53%: $40,001-$75,000 6.37%: $75,001-$500,000 8.97%: $500,001-$1,000,000 10.75%: $1,000,001+	1.85%: $0-$12,500 3.50%: $12,501-$50,000 4.25%: $50,001+
Median Income	$92,340	$58,330
Income Tax Paid On Median Household Income	$16,776	$7,307
Income After Tax Based on Median Household Income	$75,564	$51,023

Top Accounting Software:

New Jersey vs Louisiana Property Tax Comparison

	New Jersey	Louisiana
Average Property Tax Rate	1.79%	0.53%
Average House Price By State	$500,717	$200,947
Average Property Tax Owed Per Year	$8,963	$1,065
Income After Income Taxes & Property Taxes Based On Median State Household Income	$66,601	$49,958

New Jersey vs Louisiana Sales Tax Comparison

	New Jersey	Louisiana
Average State Sales Tax	6.63%	4.45%
Average Local Sales Tax Across the State	-0.03%	5.10%
Average Combined Sales Tax Rate	6.60%	9.55%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$4,124	$4,355
Maximum Disposable Income Based on Median Household Income	$62,478	$45,603

After Tax Comparison Earning $40,000 Per Year Filing As Single

	New Jersey	Louisiana
Income Tax Owed	$3,723	$4,077
After Tax Income	$36,277	$35,923
Income After Income & Property Tax	$27,314	$34,858
Maximum Disposable Income After Income, Property & Sales Taxes	$25,623	$31,819

After Tax Comparison Earning $60,000 Per Year Filing As Single

	New Jersey	Louisiana
Income Tax Owed	$7,736	$7,745
After Tax Income	$52,264	$52,255
Income After Income & Property Tax	$43,301	$51,190
Maximum Disposable Income After Income, Property & Sales Taxes	$40,620	$46,728

After Tax Comparison Earning $80,000 Per Year Filing As Single

	New Jersey	Louisiana
Income Tax Owed	$13,276	$12,995
After Tax Income	$66,724	$67,005
Income After Income & Property Tax	$57,761	$65,940
Maximum Disposable Income After Income, Property & Sales Taxes	$54,185	$60,192

After Tax Comparison Earning $100,000 Per Year Filing As Single

	New Jersey	Louisiana
Income Tax Owed	$18,950	$18,245
After Tax Income	$81,050	$81,755
Income After Income & Property Tax	$72,087	$80,690
Maximum Disposable Income After Income, Property & Sales Taxes	$67,624	$73,656

After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly

	New Jersey	Louisiana
Income Tax Owed	$11,121	$11,253
After Tax Income	$88,879	$88,747
Income After Income & Property Tax	$79,916	$87,682
Maximum Disposable Income After Income, Property & Sales Taxes	$74,968	$80,038

After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly

	New Jersey	Louisiana
Income Tax Owed	$23,941	$23,366
After Tax Income	$126,059	$126,634
Income After Income & Property Tax	$117,096	$125,569
Maximum Disposable Income After Income, Property & Sales Taxes	$109,846	$114,623

After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly

	New Jersey	Louisiana
Income Tax Owed	$38,109	$36,491
After Tax Income	$161,891	$163,509
Income After Income & Property Tax	$152,928	$162,444
Maximum Disposable Income After Income, Property & Sales Taxes	$143,460	$148,283

After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly

	New Jersey	Louisiana
Income Tax Owed	$53,213	$50,535
After Tax Income	$196,787	$199,465
Income After Income & Property Tax	$187,824	$198,400
Maximum Disposable Income After Income, Property & Sales Taxes	$176,195	$181,105

FAQ

Does New Jersey or Louisiana have lower income taxes?

New Jersey’s income tax falls into the following range:

1.40%: $0-$20,000

1.75%: $20,001-$35,000

3.50%: $35,001-$40,000

5.53%: $40,001-$75,000

6.37%: $75,001-$500,000

8.97%: $500,001-$1,000,000

10.75%: $1,000,001+

Whereas Louisiana’s income tax is the following

• 1.85%: $0-$12,500
• 3.50%: $12,501-$50,000
• 4.25%: $50,001+

Does New Jersey or Louisiana have lower property taxes?

New Jersey has an average property tax rate of 1.79%

In comparison, Louisiana has an average property tax rate of 0.53%

Does New Jersey or Louisiana 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, Louisiana has a state sales tax rate of 4.45% and an average local rate of 5.10% for a combined total rate of 9.55%.

Do you get to keep more money in New Jersey or Louisiana?

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, Louisiana gives you $45,603.

More Comparisons:

New Jersey vs Kentucky
New Jersey vs Oregon
New Jersey vs Oklahoma
New Jersey vs Connecticut
New Jersey vs Utah


Click Here To Help Lower Your Taxes

Sources:

https://en.wikipedia.org/wiki/State_income_tax#Rates_by_jurisdiction

https://www.bankrate.com/real-estate/property-tax-by-state/#by-state

https://fred.stlouisfed.org/release/tables?eid=259515&rid=249

https://www.fool.com/the-ascent/research/average-house-price-state/

https://taxfoundation.org/data/all/state/2022-sales-taxes/

https://www.forbes.com/advisor/income-tax-calculator/