Does New Jersey or Missouri have lower taxes? We answer that in a variety of ways below:
New Jersey vs Missouri Income Tax Comparison
New Jersey | Missouri | |
Income Tax Rates & Thresholds |
| |
Median Income | $92,340 | $71,520 |
Income Tax Paid On Median Household Income | $16,776 | $11,476 |
Income After Tax Based on Median Household Income | $75,564 | $60,044 |
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New Jersey vs Missouri Property Tax Comparison
New Jersey | Missouri | |
Average Property Tax Rate | 1.79% | 0.82% |
Average House Price By State | $500,717 | $239,743 |
Average Property Tax Owed Per Year | $8,963 | $1,966 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $66,601 | $58,078 |
New Jersey vs Missouri Sales Tax Comparison
New Jersey | Missouri | |
Average State Sales Tax | 6.63% | 4.23% |
Average Local Sales Tax Across the State | -0.03% | 4.06% |
Average Combined Sales Tax Rate | 6.60% | 8.29% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $4,124 | $4,446 |
Maximum Disposable Income Based on Median Household Income | $62,478 | $53,632 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
New Jersey | Missouri | |
Income Tax Owed | $3,723 | $4,312 |
After Tax Income | $36,277 | $35,688 |
Income After Income & Property Tax | $27,314 | $33,722 |
Maximum Disposable Income After Income, Property & Sales Taxes | $25,623 | $31,141 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
New Jersey | Missouri | |
Income Tax Owed | $7,736 | $8,320 |
After Tax Income | $52,264 | $51,680 |
Income After Income & Property Tax | $43,301 | $49,714 |
Maximum Disposable Income After Income, Property & Sales Taxes | $40,620 | $45,908 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
New Jersey | Missouri | |
Income Tax Owed | $13,276 | $13,800 |
After Tax Income | $66,724 | $66,200 |
Income After Income & Property Tax | $57,761 | $64,234 |
Maximum Disposable Income After Income, Property & Sales Taxes | $54,185 | $59,317 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
New Jersey | Missouri | |
Income Tax Owed | $18,950 | $19,280 |
After Tax Income | $81,050 | $80,720 |
Income After Income & Property Tax | $72,087 | $78,754 |
Maximum Disposable Income After Income, Property & Sales Taxes | $67,624 | $72,725 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
New Jersey | Missouri | |
Income Tax Owed | $11,121 | $12,294 |
After Tax Income | $88,879 | $87,706 |
Income After Income & Property Tax | $79,916 | $85,740 |
Maximum Disposable Income After Income, Property & Sales Taxes | $74,968 | $79,176 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
New Jersey | Missouri | |
Income Tax Owed | $23,941 | $25,048 |
After Tax Income | $126,059 | $124,952 |
Income After Income & Property Tax | $117,096 | $122,986 |
Maximum Disposable Income After Income, Property & Sales Taxes | $109,846 | $113,571 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
New Jersey | Missouri | |
Income Tax Owed | $38,109 | $38,748 |
After Tax Income | $161,891 | $161,252 |
Income After Income & Property Tax | $152,928 | $159,286 |
Maximum Disposable Income After Income, Property & Sales Taxes | $143,460 | $147,092 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
New Jersey | Missouri | |
Income Tax Owed | $53,213 | $53,367 |
After Tax Income | $196,787 | $196,633 |
Income After Income & Property Tax | $187,824 | $194,667 |
Maximum Disposable Income After Income, Property & Sales Taxes | $176,195 | $179,765 |
FAQ
Does New Jersey or Missouri have lower income taxes?
New Jersey’s income tax falls into the following range:
- 1.50%: $111-$1,121
- 2.00%: $1,122-$2,242
- 2.50%: $2,243-$3,363
- 3.00%: $3,364-$4,484
- 3.50%: $4,485-$5,605
- 4.00%: $5,606-$6,726
- 4.50%: $6,727-$7,847
- 5.00%: $7,848-$8,968
- 5.30%: $8,969+
Whereas Missouri’s income tax is the following
Does New Jersey or Missouri have lower property taxes?
New Jersey has an average property tax rate of 1.79%
In comparison, Missouri has an average property tax rate of 0.82%
Does New Jersey or Missouri 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, Missouri has a state sales tax rate of 4.23% and an average local rate of 4.06% for a combined total rate of 8.29%.
Do you get to keep more money in New Jersey or Missouri?
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, Missouri gives you $53,632.
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