QuantaLoan Market Research

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New Jersey

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  The average New Jerseyan is taxed at a rate of 1.89% for property, a maximum of 8.97% for income and up to 6.63% for sales. Compared to the national averages New Jersey earns a score of poor 👎 for property taxes, poor 👎 for income taxes and poor 👎 for combined local and state sales tax. Quick links to regions of New Jersey with predicted increasing and decreasing valuations.

Review the Geographical, Political and Spiritual Attributes of New Jersey
List by Cities, Counties and Metropolitan Areas
View the Most Expensive and Most Affordable Areas of New Jersey.
  New Jersey has approximately 8,978,416 residents. A common term for people in New Jersey is "New Jerseyan". Within this population there are around 101,625 births and 74,111 deaths per year. Approximately 64.7% of this population speaks English exclusively. Conversely, 1.3% of this population has no verbal English skill. On average, real estate listings in New Jersey are on the market for 110 days. The Market Health Index for New Jersey is 1.76. Hunterdon is the wealthiest of all counties in New Jersey. The least wealthy of all counties in New Jersey is Cumberland.

Daily state facts: New Jersey is currently considered the worst state to live in with regard to the burden imposed by state property taxes.

According to the Bureau of Labor Statistics, NewJersey employment in May 2024 was 4,821,162, unemployment was 223,898 or 4.6% of total jobs.

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New Jersey Counties with the most and highest percentage of democrat voters; the most and highest percentage of republican voters and the most and highest percentage of other voters in the 2016 presidential election.

Interested in adding state-wide housing statistics for New Jersey to your website? Click here for the state widget code for New Jersey.