Last updated: 2025 BLS data · Page refreshed:
How much does a Family Medicine Physicians actually take home in New Jersey?
Progressive (up to 10.8%) — 34.1% effective total tax rateData: BLS OEWS 2025 + IRS/State Tax Brackets 2024 • Updated 2026-05-19
Detailed line-by-line tax calculation for a Family Medicine Physicians earning $292,170 in New Jersey (single filer, standard deduction).
| Tax Component | Annual Amount | Effective Rate |
|---|---|---|
| Gross Salary (Median) | $292,170 | — |
| Federal Income Tax | -$67,524 | 23.1% |
| New Jersey State Income Tax | -$16,484 | 5.6% |
| Social Security (OASDI) | -$10,453 | 3.6% |
| Medicare | -$5,065 | 1.7% |
| Total Taxes | -$99,528 | 34.1% |
| Take-Home Pay | $192,641 | 65.9% |
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) | $151,840 | -$45,141 | $106,698 | 29.7% |
| 25th Percentile (P25) | $213,200 | -$66,356 | $146,843 | 31.1% |
| Median (P50) | $292,170 | -$99,528 | $192,641 | 34.1% |
| 75th Percentile (P75) | $386,730 | -$140,870 | $245,859 | 36.4% |
| 90th Percentile (P90) | $403,430 | -$148,171 | $255,258 | 36.7% |
A Family Medicine Physicians in New Jersey faces a combined 34.1% effective tax rate, taking home $192,641 out of $292,170. The progressive (up to 10.8%) adds $16,484 on top of federal and FICA taxes. In a no-income-tax state, this salary would yield approximately $209,126 — a difference of $16,484/year.
At an effective 34.1% combined tax rate, New Jersey takes one of the larger bites out of a Family Medicine Physicians's paycheck. Take-home settles at $192,642 from $292,170 gross after all withholdings.
New Jersey uses a progressive state income tax, so brackets escalate as wages rise. For this Family Medicine Physicians salary the state tax works out to $16,485 (5.6% effective) — on top of federal and FICA.
Federal income tax ($67,524) accounts for 68% of the total tax bill — the single largest deduction. FICA adds $15,519 (16%), and state tax the remaining $16,485 (17%).
The state-tax gap is substantial: a Family Medicine Physicians earning this gross in a no-income-tax state would net about $209,127 — an extra $16,485 (8.6%) annually compared with New Jersey.
New Jersey ranks #13 of 51 states for Family Medicine Physicians after-tax pay — comfortably in the upper half.
Translated into paycheck cadences, $192,642 net/year works out to $16,053/month or $7,409/bi-weekly for this Family Medicine Physicians in New Jersey — the numbers that actually hit a checking account after every deduction.
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 #13 out of 51 states for Family Medicine Physicians after-tax take-home pay.
A Family Medicine Physicians in New Jersey earning a median salary of $292,170 will take home approximately $192,641 per year after federal income tax ($67,524), state income tax ($16,484), and FICA ($15,519). That is $16,053 per month or $7,409 per bi-weekly paycheck.
The effective total tax rate for a Family Medicine Physicians in New Jersey is 34.1%, broken down as: federal income tax 23.1%, New Jersey state tax 5.6%, and FICA (Social Security + Medicare) 5.3%. 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 $292,170, the state income tax amounts to $16,484 per year, which is an effective state rate of 5.6%.
After all taxes, a Family Medicine Physicians in New Jersey takes home approximately $16,053 per month, or about $92.62 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 2025 BLS median salary of $292,170 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 — $192,641/yr — does not include local taxes, pre-tax deductions (401k, HSA), or tax credits.
Some links are affiliate links. See our disclosure.
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