New Jersey Paycheck Calculator - SmartAsset (2024)

Your Details Done

Use SmartAsset's paycheck calculator to calculate your take home pay per paycheck for both salary and hourly jobs after taking into account federal, state, and local taxes.

New Jersey Paycheck Calculator - SmartAsset (1)

Overview of New Jersey Taxes

The Garden State has a progressive income tax system. The rates, which vary depending on income level and filing status, range from 1.40% to 10.75%. The top tax rate in New Jersey is one of the highest in the U.S.

Work Info

Add your details

Marital Status

Marital Status

Enter your marital status

Do this later

Dismiss

Job

Add your details

Location

Location

Enter your location Do this later

Dismiss

Add your details

Elected State Percentage

Do this later

Dismiss

Add your details

Dependents

Do this later

Dismiss

Add your details

Pay Frequency

Do this later

Dismiss

Add your details

Additional Withholdings

Additional Withholdings

Federal

State

Local

Do this later

Dismiss

Add your details

Pre-Tax Deductions

Deduction
Name

Calculation
Method

Deduction
Amount

Medical Insurance

Dental Coverage

Vision Insurance

401k

Long Term Disability Insurance

Life Insurance

Commuter Plan

FSA

HSA

Total

Do this later

Dismiss

Add your details

Post-Tax Deductions

Deduction
Name

Calculation
Method

Deduction
Amount

Total

Add another post-tax deduction

' + '

' + '' + '

' + '

' + '' + '' + '' + '' + '' + '' + '

' + '

' + '' + '

' + '

'; }; var addRow = function (thisCount, values) { container.find('.popout-tbody').append(renderRow(thisCount)); var $thisContainer = container.find('.deduction-' + thisCount); var $sel = $thisContainer.find('select[name="deduction-calculation-type"]'); var $inputs = $thisContainer.find('input.percentage, input.dollar'); var $nameInput = $thisContainer.find('input[name="deduction-name"]'); $sel.val(container.find('.deduction-' + (thisCount-1) + ' select[name="deduction-calculation-type"]').val()); $sel.select2({ minimumResultsForSearch: -1 }); $inputs.val(0); $thisContainer.find('input.dollar').autoNumeric('init'); $thisContainer.find('input.percentage').autoNumeric('init'); if (values) { $nameInput.val(values.name); $sel.val(values.type).trigger("change"); if (values.type === 'dol-fixed') { $thisContainer.find('.dollar.tightcontainer').show(); $thisContainer.find('.percentage.tightcontainer').hide(); $thisContainer.find('input.dollar').autoNumeric('set', values.value); } else { $thisContainer.find('.dollar.tightcontainer').hide(); $thisContainer.find('.percentage.tightcontainer').show(); $thisContainer.find('input.percentage').autoNumeric('set', values.value); } } onDedCalcTypeSelect(thisCount, $sel.val()); updateTotalPostDeductions(); smartasset.inputs.repositionPopout(); $nameInput.on('change blur focusout keypress keyup paste', function () { var thisInput = $(this); if (thisInput.val().length > 0) { thisInput.parent().parent().removeClass('has-error'); } smartasset.inputs.repositionPopout(); }); $sel.on('change', function(){ onDedCalcTypeSelect(thisCount, $sel.val()); }); $sel.add($inputs).on('change blur focusout keypress keyup paste', function(){ updateTotalPostDeductions(); }); }; var onDedCalcTypeSelect = function(thisCount, value) { var $row = container.find('.deduction-' + thisCount); if (value === 'dol-fixed') { $row.find('.dollar.tightcontainer').show(); $row.find('.percentage.tightcontainer').hide(); } else { $row.find('.dollar.tightcontainer').hide(); $row.find('.percentage.tightcontainer').show(); } }; var updateTotalPostDeductions = function(){ var totalVal = 0; var $rows = container.find('.popout-tbody .popout-row'); var totalPostTaxDeductions = 0; $.each(smartasset.data.getPageData().postTaxDeductions, function(index, value){ totalPostTaxDeductions += value.value; }); $.each($rows, function(){ var $this = $(this); var $displayAmount = $this.find('.calculated-deduction-amount'); var calcType = $this.find('select[name="deduction-calculation-type"]').val(); switch(calcType) { case 'dol-fixed': $displayAmount.text('$' + smartasset.math.commatoze($this.find('input.dollar').autoNumeric('get'))); totalVal += $this.find('input.dollar').autoNumeric('get') * 1; break; case 'per-gross': $displayAmount.text('$' + smartasset.math.commatoze($this.find('input.percentage').autoNumeric('get') / 100 * smartasset.data.getPageData().grossPay)); totalVal += ($this.find('input.percentage').autoNumeric('get') / 100) * smartasset.data.getPageData().grossPay; break; case 'per-net': $displayAmount.text('$' + smartasset.math.commatoze($this.find('input.percentage').autoNumeric('get') / 100 * (smartasset.data.getPageData().paycheck + totalPostTaxDeductions))); totalVal += ($this.find('input.percentage').autoNumeric('get') / 100) * (smartasset.data.getPageData().paycheck + totalPostTaxDeductions); break; } }); container.find('.calculated-amount-total').text('$' + smartasset.math.commatoze(totalVal)); var errorMsg = container.find('p.error-message'); if (totalVal > smartasset.data.getPageData().grossPay) { errorMsg.show(); } else { errorMsg.hide(); } smartasset.inputs.repositionPopout(); }; // // before popup is shown, reload the data (imagine someone canceled the popup, hit escape, etc) // smartasset.hooks.register("beforePopoutShow", function() { doLoad(); }); // // register the onInputsLoaded method // smartasset.hooks.register("onInputsLoaded", function() { smartasset.inputs.reshowPopout('ud-post-td', 'ud-post-td'); doLoad(); }); $(function() { container = $('.ud-post-td'); container.find('p.error-message').text('Your deductions can\'t exceed your income.'); container.find('.add-row-button').on('click', function(){ var $rows = container.find('.popout-tbody .popout-row'); if ($rows.length < deductionMax) { addRow($rows.length); } if ($rows.length >= deductionMax) { container.find('.add-row-button').addClass('disabled'); } }); smartasset.hooks.register('onInputsLoaded', function(){ updateTotalPostDeductions(); }); container.find(".next").unbind("click").click(doSave); }); }()); Do this later

Dismiss

Are you exempt from any taxes?

Do this later

Dismiss

Add your details

Tax Exemptions

Federal Income Taxes

State Income Taxes

Local Income Taxes

Social Security

Medicare

State Insurance Taxes

Do this later

Dismiss

Type

Salary (per year)

Dismiss

Hourly Wage

Dismiss

Hours (per pay period)

Dismiss

Add Overtime

Overtime Hourly Wage

Dismiss

Overtime Hours (per pay period)

Dismiss

You can't withhold more than your earnings. Please adjust your .

Your estimated -- take home pay:

$--

Where is your money going?

Gross Paycheck $--
Taxes --% $--
Details
Federal Income --% $--
State Income --% $--
Local Income --% $--
FICA and State Insurance Taxes --% $--
Details
Social Security --% $--
Medicare --% $--
State Disability Insurance Tax --% $--
State Unemployment Insurance Tax --% $--
State Family Leave Insurance Tax --% $--
State Workers Compensation Insurance Tax --% $--
Pre-Tax Deductions --% $--
Details
Post-Tax Deductions --% $--
Details
Take Home Salary --% $--

Save more with these rates that beat the National Average

  • CDs

Unfortunately, we are currently unable to find savings account that fit your criteria. Please change your search criteria and try again.

Searching for accounts...
New Jersey Paycheck Calculator - SmartAsset (2)

As of

Marketing Disclosure

Unfortunately, we are currently unable to find savings account that fit your criteria. Please change your search criteria and try again.

Searching for accounts...
New Jersey Paycheck Calculator - SmartAsset (3)

As of

Marketing Disclosure

'; } // Add in tracking pixels if not suppressed var trackingPixels = ''; if (!smartasset.page.suppressThirdPartyScripts) { for (var trackingPixel in account.trackingPixels) { trackingPixels += 'New Jersey Paycheck Calculator - SmartAsset (4)'; } } // Remove tracking pixels in the "link text" if suppressed if (smartasset.page.suppressThirdPartyScripts) { // Remove all "img" elements linkText = smartasset.analytics.removeTrackingPixels(linkText); } // SA-10931 'sa-table-more-padding' added to Bankrate listings, likely a temporary fix var isBankrate = account.source === 'bankrate'; return '

' + ''+ '

' + '

'+ '' + account.product + '' + 'Sponsored' + '

'+ '

'+ '

'+ '

' + 'New Jersey Paycheck Calculator - SmartAsset (5)' + (account.fdic ? '

Member FDIC

' : '' ) + '

' + ( stars ? stars : '' ) + '

' + '

' + '

' + linkText +'

' + '

    ' + '
  • ' + '

    ' + 'APY ' + 'New Jersey Paycheck Calculator - SmartAsset (6)' + '

    ' + '

    '+ smartasset.math.commatoze(account.APY, 2) + '%' + '

    ' + trackingPixels + '

    ' + '

    ' + '
  • ' + '
  • ' + '

    Interest Rate

    ' + '

    ' + ( hasRate ? smartasset.math.commatoze(account.rate, 2) + '%' : 'N/A' ) + '

    ' + '
  • ' + '
  • '+ '

    Min. Balance for APY

    ' + '

    ' + '$' + smartasset.math.commatoze(account.minDeposit,0) + '

    ' + '
  • ' + '

' + '

' + '

'+ '' + '

' + '

' + '

' + '

' }; // Method to track tab clicks and initialize nanoScroller depositRatesBlock.tabClick = function() { var $this = $(this); var tabType = $this.data('tab'); smartasset.analytics.track("deposit-mini-rates-tab-click", { tab: tabType } ); // initialize nanoScroller when tab content is viewed for the first time, allowing table to expand to full height // check data-nano-scroll-init if tab was already initialized var $tabPanel = $this.closest('.tab-container').find('[data-product=' + tabType + ']:not([data-nano-scroll-init])'); // initialize nanoScroller when tabs are switched $tabPanel.find('.nano').nanoScroller(); // set data-nano-scroll-init to true to avoid re-initializing again $tabPanel.attr('data-nano-scroll-init', true); }; // Tracks and redirects user clicks on table listings depositRatesBlock.lenderClick = function(url, source, company, product) { // Savings Endpoint Tracking smartasset.savingsvehicles.miniLenderClick( { url: url, source: source, company: company, product: product } ); }; // this flag ensures we do not trigger the "view-savings-block" event more than once var flag_trigger_view = true; // // The JS "entry point" for the savings rates block // smartasset.hooks.register("onInputsLoaded", function() { // Only need to run the logic for displaying the block has not yet been displayed if (!depositRatesBlock.initialized) { depositRatesBlock.savingsMiniRatesTable = smartasset.tables.initializeRatesTable('savingsMiniRatesTable', undefined, '.savings-rates-table', {isMiniRates: true}); depositRatesBlock.cdMiniRatesTable = smartasset.tables.initializeRatesTable('cdMiniRatesTable', undefined, '.cd-rates-table', {isMiniRates: true}); depositRatesBlock.displayBlock(); } else { depositRatesBlock.updateRatesTable(depositRatesBlock.cachedDataSavings, 'savings'); depositRatesBlock.updateRatesTable(depositRatesBlock.cachedDataCds, 'cd'); } // SA-5618 -- send "view-savings-block" event if (flag_trigger_view) { // send event smartasset.analytics.track("view-savings-block"); // set flag to false to prevent sending multiple view events for the same widget-load flag_trigger_view = false; } }); // On CD Rates Pages makes CD tab the default when the page loads $(document).ready(function () { if(depositRatesBlock.smartReviews.productType === 'CD'){ $(".deposit_rates-block .tab-container").easytabs({ defaultTab: "[data-tab='cd']", updateHash: false, animate: false }); } });

New Jersey Paycheck Calculator

New Jersey Paycheck Calculator - SmartAsset (7)

New Jersey Paycheck Quick Facts

  • New Jersey income tax rate: 1.40% - 10.75%
  • Median household income: $97,126 (U.S. Census Bureau)
  • Number of cities with local income taxes: 0

How Your New Jersey Paycheck Works

Your New Jersey employer is responsible for withholding FICA taxes and federal income taxes from your paychecks. Medicare and Social Security taxes together make up FICA taxes. Your employer will withhold 1.45% of your wages for Medicare taxes each pay period and 6.2% in Social Security taxes. Your employer matches your Medicare and Social Security contributions, so the total payment is doubled. If your filing status is single, head of household or qualifying widow(er), any wages you earn in excess of $200,000 are subject to a 0.9% Medicare surtax, which is not matched by your company. The tax applies to all wages over $125,000 for married couples filing separately and $250,000 for married couples filing jointly.

Federal income taxes are also withheld from each of your paychecks. Your employer uses the information that you provided on your W-4 form to determine how much to withhold in federal income tax each pay period. Several factors - like your marital status, salary and additional tax withholdings - play a role in how much is taken out from your wages for federal taxes.

The new version of the W-4 includes major changes from the IRS. Most notably, this involves the removal of allowances. Instead, it requires you to enter annual dollar amounts for things such as non-wage income, income tax credits, total annual taxable wages and itemized and other deductions. The revised form also features a five-step process that lets you enter personal information, claim dependents and indicate additional income and jobs.

New Jersey Median Household Income

YearMedian Household Income
2022$97,126
2021$88,559
2020$85,549
2019$87,726
2018$74,176
2017$71,240
2016$68,468
2015$68,357
2014$65,243
2013$63,754
2012$66,692

New Jersey has a progressive income tax system, in which the brackets are dependent on a taxpayer's filing status and income level.

If you are single or married and filing separately in New Jersey, there are seven tax brackets that apply to you. At the lower end, you will pay at a rate of 1.40% on the first $20,000 of your taxable income. Meanwhile, the highest tax bracket reaches 10.75% on income over $1 million.

On the other hand, there are eight tax brackets for married people who file jointly and heads of household. The lowest and highest rates are the same as for other filers, ranging from 1.40% to 10.75%. However, there's an extra bracket from $50,000 to $70,000 that has a 2.45% rate associated with it.

If you're an employee in Newark, it’s important to know that while the city has a 1% payroll tax, it applies to employers, not workers. Therefore, no New Jersey cities levy local income taxes.

Income Tax Brackets

  • Single Filers
  • Married, Filing Jointly
  • Married, Filing Separately
  • Head of Household
Single Filers
New Jersey Taxable IncomeRate
$0 - $20,0001.400%
$20,000 - $35,0001.750%
$35,000 - $40,0003.500%
$40,000 - $75,0005.525%
$75,000 - $500,0006.370%
$500,000 - $1,000,0008.970%
$1,000,000+10.750%
Married, Filing Jointly
New Jersey Taxable IncomeRate
$0 - $20,0001.400%
$20,000 - $50,0001.750%
$50,000 - $70,0002.450%
$70,000 - $80,0003.500%
$80,000 - $150,0005.525%
$150,000 - $500,0006.370%
$500,000 - $1,000,0008.970%
$1,000,000+10.750%
Married, Filing Separately
New Jersey Taxable IncomeRate
$0 - $20,0001.400%
$20,000 - $35,0001.750%
$35,000 - $40,0003.500%
$40,000 - $75,0005.525%
$75,000 - $500,0006.370%
$500,000 - $1,000,0008.970%
$1,000,000+10.750%
Head of Household
New Jersey Taxable IncomeRate
$0 - $20,0001.400%
$20,000 - $50,0001.750%
$50,000 - $70,0002.450%
$70,000 - $80,0003.500%
$80,000 - $150,0005.525%
$150,000 - $500,0006.370%
$500,000 - $1,000,0008.970%
$1,000,000+10.750%

A financial advisor can help you understand how taxes fit into your overall financial goals. SmartAsset’s free tool matches you with up to three vetted financial advisors who serve your area, and you can have a free introductory call with your advisor matches to decide which one you feel is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

How You Can Affect Your New Jersey Paycheck

Most people want a bigger paycheck, and you can certainly take steps toward that - for instance, by asking for a raise or by working extra hours (if you are eligible for overtime). While it’s always nice to increase your earnings, there are times when it might be smart to shrink your takehome pay. If you elect to put more money into a pre-tax retirement account like a 401(k) or 403(b), for instance, you will save for the future while lowering your taxable income in the present. The money that you put into a 401(k) or 403(b) comes out of your paycheck before taxes are applied, so by putting more money in a retirement account, you are paying less money in taxes right now. while you'Ll receive a smaller paycheck each month, you will actually get to keep more of your salary this way.

Another reason that you might elect to receive a smaller paycheck is if you always find yourself paying a tax bill in April. If this is the case, you may be underpaying your taxes throughout the year. One way to fix this is to ask your employer to withhold an additional dollar amount from your paychecks, say $50 per paycheck. Ultimately you will pay the same amount in taxes, but this way you’re spreading the tax payments out and paying a little more each pay period, instead of paying it all in a lump sum come tax season.

New Jersey Top Income Tax Rate

YearTop Income Tax Rate
202310.75%
202210.75%
202110.75%
202010.75%
201910.75%
201810.75%
20178.97%
20168.97%
20158.97%
20148.97%
20138.97%
New Jersey Paycheck Calculator - SmartAsset (2024)
Top Articles
Latest Posts
Recommended Articles
Article information

Author: Geoffrey Lueilwitz

Last Updated:

Views: 6224

Rating: 5 / 5 (60 voted)

Reviews: 91% of readers found this page helpful

Author information

Name: Geoffrey Lueilwitz

Birthday: 1997-03-23

Address: 74183 Thomas Course, Port Micheal, OK 55446-1529

Phone: +13408645881558

Job: Global Representative

Hobby: Sailing, Vehicle restoration, Rowing, Ghost hunting, Scrapbooking, Rugby, Board sports

Introduction: My name is Geoffrey Lueilwitz, I am a zealous, encouraging, sparkling, enchanting, graceful, faithful, nice person who loves writing and wants to share my knowledge and understanding with you.