New Jersey vs Washington Taxes: Income, Property & Sales

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

New Jersey vs Washington Income Tax Comparison

	New Jersey	Washington
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+	7.0% on capital gains income only
Median Income	$92,340	$89,430
Income Tax Paid On Median Household Income	$16,776	$12,442
Income After Tax Based on Median Household Income	$75,564	$76,988

Top Accounting Software:

New Jersey vs Washington Property Tax Comparison

	New Jersey	Washington
Average Property Tax Rate	1.79%	0.70%
Average House Price By State	$500,717	$593,406
Average Property Tax Owed Per Year	$8,963	$4,154
Income After Income Taxes & Property Taxes Based On Median State Household Income	$66,601	$72,834

New Jersey vs Washington Sales Tax Comparison

	New Jersey	Washington
Average State Sales Tax	6.63%	6.50%
Average Local Sales Tax Across the State	-0.03%	2.79%
Average Combined Sales Tax Rate	6.60%	9.29%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$4,124	$6,191
Maximum Disposable Income Based on Median Household Income	$62,478	$66,643

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

	New Jersey	Washington
Income Tax Owed	$3,723	$3,040
After Tax Income	$36,277	$36,960
Income After Income & Property Tax	$27,314	$32,806
Maximum Disposable Income After Income, Property & Sales Taxes	$25,623	$30,018

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

	New Jersey	Washington
Income Tax Owed	$7,736	$5,968
After Tax Income	$52,264	$54,032
Income After Income & Property Tax	$43,301	$49,878
Maximum Disposable Income After Income, Property & Sales Taxes	$40,620	$45,638

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

	New Jersey	Washington
Income Tax Owed	$13,276	$10,368
After Tax Income	$66,724	$69,632
Income After Income & Property Tax	$57,761	$65,478
Maximum Disposable Income After Income, Property & Sales Taxes	$54,185	$59,912

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

	New Jersey	Washington
Income Tax Owed	$18,950	$14,768
After Tax Income	$81,050	$85,232
Income After Income & Property Tax	$72,087	$81,078
Maximum Disposable Income After Income, Property & Sales Taxes	$67,624	$74,186

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

	New Jersey	Washington
Income Tax Owed	$11,121	$8,481
After Tax Income	$88,879	$91,519
Income After Income & Property Tax	$79,916	$87,365
Maximum Disposable Income After Income, Property & Sales Taxes	$74,968	$79,939

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

	New Jersey	Washington
Income Tax Owed	$23,941	$18,536
After Tax Income	$126,059	$131,464
Income After Income & Property Tax	$117,096	$127,310
Maximum Disposable Income After Income, Property & Sales Taxes	$109,846	$116,488

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

	New Jersey	Washington
Income Tax Owed	$38,109	$29,536
After Tax Income	$161,891	$170,464
Income After Income & Property Tax	$152,928	$166,310
Maximum Disposable Income After Income, Property & Sales Taxes	$143,460	$152,173

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

	New Jersey	Washington
Income Tax Owed	$53,213	$41,455
After Tax Income	$196,787	$208,545
Income After Income & Property Tax	$187,824	$204,391
Maximum Disposable Income After Income, Property & Sales Taxes	$176,195	$187,017

FAQ

Does New Jersey or Washington 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 Washington’s income tax is the following 7.0% on capital gains income only

Does New Jersey or Washington have lower property taxes?

New Jersey has an average property tax rate of 1.79%

In comparison, Washington has an average property tax rate of 0.70%

Does New Jersey or Washington 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, Washington has a state sales tax rate of 6.50% and an average local rate of 2.79% for a combined total rate of 9.29%.

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

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, Washington gives you $66,643.

More Comparisons:

New Jersey vs Arizona
New Jersey vs Tennessee
New Jersey vs Massachusetts
New Jersey vs Indiana
New Jersey vs Missouri


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/