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Aerial View of a Houses

Pros & Cons


Pro - High Quality of Life

New Jersey has a very high quality of life, even going far enough to have been rated the 5th happiest state in the country in 2023. New Jersey has great food, entertainment, diversity, and jobs.  


Con - Overall Cost of Living is High

New Jersey, unfortunately, has very high taxes, with the state income varying from 1.4% to 10.75%, depending on filing status and income bracket. Fundamentally, If you earn between $40,000 – $75,000 then you’ll be taxed at 5.525%. If you earn between $75,000 – $500,000 you’ll be taxed 6.37%.


Pro - Safe State

New Jersey has a very low crime rate and is considered one of the safest states in the country. Still, certain cities are prone to more crime than others. Camden, Trenton, Paterson and Atlantic City are some of the cities that have the highest crime rates in New Jersey, but it is overall a very safe state. 


Con - Lots of Traffic

New Jersey has the worst traffic and bottleneck in the country. Instead of driving, there are various other options for commuting, such as the well-structured public transportation system, which can not only save you money and time, but is also friendlier towards the environment. 


Pro - Distance to Cities

New Jersey is just a 1-2 hour drive from a few big, important cities, such as Washington DC, Philadelphia, and New York. As a result of the close proximity to the city, many people commute to the city from New Jersey for work. 


Con - High Property + Sales Tax

Although New Jersey is a very safe state and has quality schools, they come with a price. In New Jersey, the average property tax is 2.42%, which is more than double the national average of 1.07%. Residents also have a notable sales tax added to each of their purchases. Here, the sales tax is 6.625%, which is higher than the national average of 5.09% but lower than New York, whose sales tax can go up as high as 8.88%.

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