N.J. property taxes rose, income fell, report shows

Property taxes in New Jersey ate up a greater percentage of taxpayers’ paychecks in 2009 than in the previous year, as income fell while tax bills continued to climb, according to Census data compiled by a Washington, D.C., think tank.

New Jersey homeowners spent 7.45 percent of their income on property taxes in 2009, up from 7.02 percent in 2008, according to an analysis of Census data released today by the Tax Foundation. Median income fell in 2009 to $88,343 from $90,010, while median property taxes climbed from $6,320 to $6,579 over the year. The median is the halfway point in the data.

Some counties were hit particularly hard by the recession and rise in property taxes. In Passaic County, typical homeowners spent 9.7 percent of their income on property taxes, up from 8.7 percent the year before and the highest percentage in the country, according to the Tax Foundation. Homeowners in Passaic County saw their median income fall by about $3,000 to $82,038 while property taxes rose nearly $600 to $7,939.

In Union County, too, homeowners spent more of their paycheck on property taxes, bumping from 8.1 percent in 2008 to 8.7 percent in 2009, third highest in the nation.

http://www.nj.com/news/index.ssf/2010/09/census_data_shows_nj_property.html

lady- Stop making excuses for the guy he is a failure like Corzine. Time to call it like it is.
He is only popular in Fox News and no other place especially in NJ. I hope he runs for President cause I want a new Governor. Hopefully we can get one that is Independent this time around.
Dude- Obama wants a one world government. That will really increase taxes.
I find it funny that people who don’t live in NJ feel like they can speak on behalf of Christie lmao.