How much does a Family Medicine Physicians actually take home in New Jersey?
Progressive (up to 10.8%) — 31.2% effective total tax rateData: BLS OEWS 2024 + IRS/State Tax Brackets 2024 • Updated 2026-04-02
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Detailed line-by-line tax calculation for a Family Medicine Physicians earning $214,410 in New Jersey (single filer, standard deduction).
| Tax Component | Annual Amount | Effective Rate |
|---|---|---|
| Gross Salary (Median) | $214,410 | — |
| Federal Income Tax | -$41,625 | 19.4% |
| New Jersey State Income Tax | -$11,531 | 5.4% |
| Social Security (OASDI) | -$10,453 | 4.9% |
| Medicare | -$3,238 | 1.5% |
| Total Taxes | -$66,849 | 31.2% |
| Take-Home Pay | $147,560 | 68.8% |
Take-home pay varies significantly across experience levels. Here is the after-tax breakdown for each salary percentile of Family Medicine Physicians in New Jersey.
| Percentile | Gross Salary | Total Taxes | Take-Home Pay | Tax Rate |
|---|---|---|---|---|
| 10th Percentile (P10) | $65,740 | -$13,472 | $52,267 | 20.5% |
| 25th Percentile (P25) | $131,790 | -$37,518 | $94,271 | 28.5% |
| Median (P50) | $214,410 | -$66,849 | $147,560 | 31.2% |
A Family Medicine Physicians in New Jersey faces a combined 31.2% effective tax rate, taking home $147,560 out of $214,410. The progressive (up to 10.8%) adds $11,531 on top of federal and FICA taxes. In a no-income-tax state, this salary would yield approximately $159,092 — a difference of $11,531/year.
Where does a Family Medicine Physicians keep the most of their paycheck? Top 10 states ranked by after-tax take-home pay.
New Jersey ranks #23 out of 32 states for Family Medicine Physicians after-tax take-home pay.
A Family Medicine Physicians in New Jersey earning a median salary of $214,410 will take home approximately $147,560 per year after federal income tax ($41,625), state income tax ($11,531), and FICA ($13,691). That is $12,296 per month or $5,675 per bi-weekly paycheck.
The effective total tax rate for a Family Medicine Physicians in New Jersey is 31.2%, broken down as: federal income tax 19.4%, New Jersey state tax 5.4%, and FICA (Social Security + Medicare) 6.4%. This assumes a single filer with the standard deduction for 2024.
New Jersey has a progressive (up to 10.8%). On a Family Medicine Physicians's median salary of $214,410, the state income tax amounts to $11,531 per year, which is an effective state rate of 5.4%.
After all taxes, a Family Medicine Physicians in New Jersey takes home approximately $12,296 per month, or about $70.94 per hour (based on a standard 2,080-hour work year). These figures assume a single filer, standard deduction, and no additional pre-tax deductions.
We start with the 2024 BLS median salary of $214,410 for Family Medicine Physicians in New Jersey, then subtract: federal income tax using 2024 IRS brackets ($14,600 standard deduction), New Jersey state income tax (progressive (up to 10.8%)), Social Security (6.2% up to $168,600), and Medicare (1.45%). The result — $147,560/yr — does not include local taxes, pre-tax deductions (401k, HSA), or tax credits.
This estimate assumes a single filer using the 2024 standard deduction ($14,600), with W-2 employment income only. It does not account for: itemized deductions, tax credits (e.g. earned income credit, child tax credit), local/city taxes, pre-tax contributions (401k, HSA, FSA), self-employment tax, or additional income sources. Actual take-home pay may differ. Consult a tax professional for personalized advice.
Our Methodology · Data Sources · Salary: BLS OEWS · Tax: IRS + State DOR