NJ Among Worst In Nation For Tax Rate, New Study Says

patch.com

Residents may not be surprised that the Garden State ranks low on a national list of tax rates, and leads the nation in how much real estate taxes homeowners pay.

The ranking from financial analysts with WalletHub, coming more than a month before Tax Day 2023, takes into account state and local taxes, as well as various types of taxes, ranging from income tax to real estate and excise taxes.

New Jersey came in at 43rd overall on the list, which included all 50 states and the District of Columbia.