Tax Burden in ZIP Code 08601
Trenton, NJ — Mercer County
At the median income of $42,000, the estimated total tax burden in ZIP 08601 is $12,701 (30.2% effective rate), including federal income tax, FICA, and property tax.
Federal Tax (est.)
$4,200
FICA
$3,213
Property Tax
$5,288
Total Tax Burden
$12,701
30.2% effective
Tax Details for ZIP 08601
ZIP code 08601 is located in Mercer County, NJ, within the Trenton MSA metropolitan area. The area has a cost of living index of 108 (100 = national average), close to the national average.
The effective property tax rate is 2.35%. On the median home price of $225,000, this equals $5,288 per year ($441/month).
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