Residents and visitors to New Jersey paid $35.4 billion in taxes in 2018


New Jersey collected $35.4 billion in taxes in 2018, a 6.8 percent increase from the previous year, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

Most tax revenue came from income taxes ($17.3 billion) and sales and gross receipts taxes ($15.4 billion).

The STC survey includes five broad tax categories and up to 25 subcategories. Data is gathered from all 50 state governments and all dependent state-level entities.

The Census Bureau cautions that it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.

Below is a breakdown of how taxes were classified by the bureau and how much was collected.

2018 New Jersey Tax Collections
Type of Tax
Amount
Property taxes
$5,016,000
Sales and gross receipts taxes
$15,424,507,000
License taxes
$1,542,213,000
Income taxes
$17,273,498,000
Other taxes
$1,119,812,000
General sales and gross receipts taxes
$10,459,419,000
Selective sales and gross receipts taxes
$4,965,088,000
Alcoholic beverages sales tax
$142,459,000
Amusements sales tax
$217,736,000
Insurance premiums sales tax
$591,243,000
Motor fuels sales tax
$458,892,000
Pari-mutuels sales tax
$0
Public utilities sales tax
$978,816,000
Tobacco products sales tax
$660,315,000
Other selective sales and gross receipts taxes
$1,915,627,000
Alcoholic beverages license
$4,199,000
Amusements license
$50,100,000
Corporations in general license
$248,405,000
Hunting and fishing license
$14,685,000
Motor vehicle license
$657,956,000
Motor vehicle operators license
$57,214,000
Public utilities license
$21,812,000
Occupation and business license, nec
$485,902,000
Other license taxes
$1,940,000
Individual income taxes
$15,037,845,000
Corporations net income taxes
$2,235,653,000
Death and gift taxes
$605,845,000
Documentary and stock transfer taxes
$513,967,000
Severance taxes
$0
Taxes, nec
$0

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