Hamilton Township: A Property Tax Bargain

Share post:

There are multiple ways to measure the property tax burden of a town: looking at the overall rate or the average tax bill being the most common. A recent analysis by a newspaper crunched the numbers a bit differently, and compared the average tax bill in the state’s townships with its average income, as reported in the census, to see what percentage of each household’s income is eaten up by property taxes.

The analysis by NJ Advance Media, the parent company of NJ.com, found that Hamilton Township has Mercer County’s lowest property tax burden, with an average household tax bill of $5,789 compared to an average income of $70,996. Property taxes consumed about 8.2 percent of household income.

In second place was Ewing township with a $6,592 average property tax bill equalling an 8.5 percent burden on a $77,464 median income. West Windsor has more than double Hamilton’s property taxes, at an average of $13,790, but the household income ($161,750) is also more than double, keeping the burden at around 8.5 percent.

CE – US1

Related articles

Mercer Street Friends Honors Leaders

Mercer Street Friends will recognize leaders in philanthropy, public service and nonprofit leadership during its Sixth Annual Leadership...

Women Leaders to Be Honored at Chamber Event

Three women leaders in banking, health care and business strategy will be honored June 4 during the Princeton...

NJ AI Hub Workshop Targets Small Firms

Small and midsized business leaders will have a chance to learn practical uses of artificial intelligence during a...

Strategic Plan Rethinks Modern Library Space

The Plainsboro Public Library is asking residents to help shape the next phase of one of the township’s...