Take-Home Pay in Elizabeth
The median salary in Elizabeth is $42,000 (BLS 2024). After federal and New Jersey state taxes, a single filer takes home $33,252 per year. Adjust your salary below to see your exact breakdown.
Take-home pay in Elizabeth — single filer
| Gross salary | Bi-weekly | Annual net |
|---|---|---|
| $40,000 | $1,222 | $31,772 |
| $50,000 | $1,507 | $39,170 |
| $65,000 | $1,933 | $50,267 |
Single filer, standard deduction, 2026 tax year. Federal + New Jersey state taxes + FICA.
Elizabeth — key figures
Adjust your salary
Total salary before taxes. Hourly? Multiply: rate × hours/week × 52.
Credit cards, auto loans, student debt. Used to surface relevant resources.
Frequently asked questions
What is the take-home pay for the median salary in Elizabeth?
The median salary in Elizabeth is $42,000. A single filer takes home $33,252 per year after federal income tax, New Jersey state tax, Social Security, and Medicare. That works out to $1,279 bi-weekly or $2,771 per month.
How does Elizabeth's cost of living affect your paycheck?
Elizabeth has a cost of living index of 128 — 28% higher than the US national average. While your take-home pay is the same in dollar terms regardless of location, your purchasing power is lower than the US average. A $42,000 salary in Elizabeth buys less than the same salary in an average-cost US city.
How much state income tax do you pay in Elizabeth?
New Jersey has an effective state income tax rate of 6.4% on a $42,000 salary, totalling $2,675 annually.
What is the effective tax rate in Elizabeth on a $42,000 salary?
A single filer earning $42,000 in Elizabeth (New Jersey) has a total effective tax rate of 20.8%. This includes 6.8% federal income tax, 6.4% New Jersey state income tax, plus 7.65% FICA.