Taxes in Atlantic City, New Jersey
Complete tax guide for Atlantic City, NJ. State income tax up to 8.97%, 2.22% property tax, 6.99% sales tax. Calculate your total tax burden.
State Income Tax
8.97%
New Jersey
Property Tax
2.22%
Effective rate
Sales Tax
6.99%
Combined rate
Tax Burden
Very High
Atlantic City, NJ Tax Overview
Population
38,429
Median Income
$74,000
Cost of Living
112 (100 = avg)
State Income Tax
8.97%
Median Home Price
$452,000
Atlantic City Tax Calculator
Pre-filled with Atlantic City median: $74,000
Total Tax Burden in Atlantic City
$20,193
Take-Home: $53,807 · Effective Rate: 27.29%
Federal Tax
$7,894
10.67% eff.
NJ State
$6,638
8.97% eff.
FICA
$5,661
7.65% eff.
Take-Home
$53,807
72.71% kept
Tax Breakdown
| Item | Annual | Monthly |
|---|---|---|
| Gross Income | $74,000.00 | $6,166.67 |
| Federal Income Tax | -$7,894.00 | -$657.83 |
| New Jersey State Tax | -$6,637.80 | -$553.15 |
| Social Security (6.2%) | -$4,588.00 | -$382.33 |
| Medicare (1.45%) | -$1,073.00 | -$89.42 |
| Take-Home Pay | $53,807.20 | $4,483.93 |
Property Tax in Atlantic City
Median Home
$452,000
Annual Tax
$10,034
Monthly Tax
$836
Effective Rate
2.22%
Sales Tax in Atlantic City
Combined Rate
6.99%
State Portion
~4.5%
Local Portion
~2.5%
The combined sales tax rate in Atlantic City is 6.99%, which is below the national average of 7.12%. On a $100 purchase, you would pay $6.99 in sales tax.
Tax Burden Comparison
| Tax Type | Atlantic City | New Jersey Avg | National Avg |
|---|---|---|---|
| Income Tax | 8.97% | 8.97% | 4.6% |
| Property Tax | 2.22% | ~2.22% | 1.1% |
| Sales Tax | 6.99% | ~6.99% | 7.12% |
| Overall Burden | Very High | — | Moderate |
Tax Saving Tips for Atlantic City Residents
- New Jersey's income tax rate of 8.97% is above average. Maximize pre-tax retirement contributions (401k up to $23,500, IRA up to $7,000) to reduce both federal and state taxable income.
- Property tax in Atlantic City (2.22%) is above the national average. Check if you qualify for homestead exemptions or assessment appeals to reduce your property tax bill.
- Use a Health Savings Account (HSA) if eligible. Contributions are tax-deductible ($4,300 individual, $8,550 family), growth is tax-free, and withdrawals for medical expenses are tax-free.
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See detailed state tax brackets, FICA breakdown, and compare to neighboring states.
Frequently Asked Questions
What are the tax rates in Atlantic City, NJ?
Atlantic City, New Jersey has a state income tax rate up to 8.97%. The property tax rate is 2.22% and the combined sales tax rate is 6.99%.
How much is property tax in Atlantic City?
The effective property tax rate in Atlantic City is 2.22%. On the median home price of $452,000, this equals approximately $10,034 per year or $836 per month. This is above the national average of 1.1%.
What is the sales tax rate in Atlantic City?
The combined sales tax rate in Atlantic City is 6.99%, which includes both state and local components. This is below the national average combined rate of approximately 7.12%.
How does Atlantic City's tax burden compare to other cities?
Atlantic City has a very high overall tax burden. The effective total tax rate for a median-income household is approximately 39.8%. The combination of 8.97% state income tax, 2.22% property tax, and 6.99% sales tax determines the total burden. Cost of living index is 112 (100 = national average).
Are there any local taxes in Atlantic City?
Atlantic City does not impose a separate local or city income tax. Residents pay the state income tax of 8.97%, federal income tax, and FICA (Social Security and Medicare).