Tax Comparison: Glen rock, NJ vs North brookfield, MA
Understanding Your Tax Burden
This page compares the three main types of taxes between Glen rock, NJ and North brookfield, MA: property tax, income tax, and sales tax. Each of these has a different impact on your overall cost of living.
Property Tax Comparison
Property taxes are collected by local governments and used to fund schools, infrastructure, and other local services. They're typically based on the assessed value of your property.
Our property tax estimates are based on:
- U.S. median home value: $419,200 (2023 data)
- Local effective tax rates for both cities
Glen rock, NJ
$7,067
Based on a $419,200 home
Rate: 1.6859%
North brookfield, MA
$5,587
Based on a $419,200 home
Rate: 1.3327%
| Data | Glen rock, NJ | North brookfield, MA |
|---|---|---|
| Effective Property Tax Rate | 1.6859% | 1.3327% |
| Estimated Property Tax | $7,067 | $5,587 |
| Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in North brookfield, MA are $1,481 lower than in Glen rock, NJ for the same home value.
State Income Tax Comparison
Income tax rates and brackets vary by state, impacting residents' overall tax burden. The estimates below are based on standard deductions and typical filing scenarios.
Our income tax estimates consider:
- Single filer: $100,000 annual income
- Married couple: $200,000 combined income
- Median income: $80,600 annual income
NJ
1.4%-10.75%
Single: $3,957
Married: $7,123
MA
5%-9%
Single: $5,000
Married: $9,000
| Data | NJ | MA |
|---|---|---|
| Tax Rate | 1.4%-10.75% | 5%-9% |
| Single Filer ($100k) | $3,957 | $5,000 |
| Married Couple ($200k) | $7,123 | $9,000 |
| Median Income ($80.6k) | $5,137 | $4,031 |
Comparison: Income taxes in MA are $1,106 lower than in NJ for the median household income.
Sales Tax Comparison
Sales tax rates vary by location and can have a significant impact on your day-to-day expenses. These include state, county, city, and special district taxes that together form the total sales tax rate.
Our sales tax estimates consider:
- Average household taxable spending: $15,500 per year
- Combined state and local rates for both cities
Glen rock, NJ
9.938%
Combined rate
Annual sales tax: $1540
(Based on $15,500 spending)
North brookfield, MA
6.250%
Combined rate
Annual sales tax: $968
(Based on $15,500 spending)
| Data | Glen rock, NJ | North brookfield, MA |
|---|---|---|
| State Sales Tax | 6.63% | 6.25% |
| Combined Sales Tax | 9.938% | 6.250% |
| Annual Tax Amount | $1,540 | $968 |
Comparison: Shopping in North brookfield, MA costs $572 less in annual sales tax than in Glen rock, NJ for the average household.
Tax Comparison Insights
Tax Insights: Glen rock vs North brookfield
- Property Tax: North brookfield has a 0.3532 percentage points lower effective property tax rate than Glen rock.
- Income Tax: Living in MA could save you approximately $1,106 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in North brookfield is 3.69 percentage points lower than in Glen rock.
Overall Tax Burden Comparison
Glen rock, NJ
$13,744
Combined annual tax burden
Property
$7,067
Income
$5,137
Sales
$1,540
North brookfield, MA
$10,585
Combined annual tax burden
Property
$5,587
Income
$4,031
Sales
$968
Overall Comparison: North brookfield, MA has an estimated $3,159 lower total tax burden than Glen rock, NJ based on our standard scenarios.
Important Tax Disclaimer
The tax information provided above is based on publicly available data and standard assumptions. Actual tax situations will vary based on:
- Individual financial circumstances
- Applicable deductions and credits
- Recent changes in tax laws
- Personal spending habits
- Local variations within cities and counties
This comparison is intended for general informational purposes only and should not be considered tax advice. For specific guidance regarding your tax situation, please consult with a qualified tax professional.