General Internal Medicine Physicians Salary in New Jersey After Taxes (2024)

How much does a General Internal Medicine Physicians actually take home in New Jersey?

Progressive (up to 10.8%) — 31.5% effective total tax rate

Data: BLS OEWS 2024 + IRS/State Tax Brackets 2024 • Updated 2026-04-02

Gross Salary
$222,010
Median annual (2024)
-$69,943
Take-Home Pay
$152,066
After all taxes

Your Estimated Paycheck

Annual
$152,066
Monthly
$12,672
Bi-Weekly
$5,848
Hourly
$73.11

See cost-of-living adjusted salary →

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Where Your Salary Goes

Out of every dollar a General Internal Medicine Physicians earns in New Jersey, here is how it is split between taxes and take-home pay.

Federal Income Tax (19.8%)
New Jersey State Tax (5.4%)
FICA (SS + Medicare) (6.2%)
Take-Home Pay (68.6%)

Complete Tax Breakdown

Detailed line-by-line tax calculation for a General Internal Medicine Physicians earning $222,010 in New Jersey (single filer, standard deduction).

Tax Component Annual Amount Effective Rate
Gross Salary (Median) $222,010
Federal Income Tax -$44,057 19.8%
New Jersey State Income Tax -$12,015 5.4%
Social Security (OASDI) -$10,453 4.7%
Medicare -$3,417 1.5%
Total Taxes -$69,943 31.5%
Take-Home Pay $152,066 68.5%

After-Tax Pay by Experience Level

Take-home pay varies significantly across experience levels. Here is the after-tax breakdown for each salary percentile of General Internal Medicine Physicians in New Jersey.

Percentile Gross Salary Total Taxes Take-Home Pay Tax Rate
10th Percentile (P10) $78,760 -$18,084 $60,675 23.0%
25th Percentile (P25) $78,760 -$18,084 $60,675 23.0%
Median (P50) $222,010 -$69,943 $152,066 31.5%
Key Insight

A General Internal Medicine Physicians in New Jersey faces a combined 31.5% effective tax rate, taking home $152,066 out of $222,010. The progressive (up to 10.8%) adds $12,015 on top of federal and FICA taxes. In a no-income-tax state, this salary would yield approximately $164,081 — a difference of $12,015/year.

Best States for General Internal Medicine Physicians Take-Home Pay

Where does a General Internal Medicine Physicians keep the most of their paycheck? Top 10 states ranked by after-tax take-home pay.

1. Texas
$166,386
26.2%
$164,103
30.6%
3. Florida
$161,390
25.9%
$157,200
31.1%
$157,008
31.3%
$155,350
31.2%
$152,548
31.1%
$152,066
31.5%
9. Vermont
$151,619
32.7%
$150,831
30.6%

New Jersey ranks #8 out of 22 states for General Internal Medicine Physicians after-tax take-home pay.

Frequently Asked Questions

What is the take-home pay for a General Internal Medicine Physicians in New Jersey?

A General Internal Medicine Physicians in New Jersey earning a median salary of $222,010 will take home approximately $152,066 per year after federal income tax ($44,057), state income tax ($12,015), and FICA ($13,870). That is $12,672 per month or $5,848 per bi-weekly paycheck.

What is the effective tax rate for a General Internal Medicine Physicians in New Jersey?

The effective total tax rate for a General Internal Medicine Physicians in New Jersey is 31.5%, broken down as: federal income tax 19.8%, New Jersey state tax 5.4%, and FICA (Social Security + Medicare) 6.2%. This assumes a single filer with the standard deduction for 2024.

How much state tax does a General Internal Medicine Physicians pay in New Jersey?

New Jersey has a progressive (up to 10.8%). On a General Internal Medicine Physicians's median salary of $222,010, the state income tax amounts to $12,015 per year, which is an effective state rate of 5.4%.

What is the monthly take-home pay for a General Internal Medicine Physicians in New Jersey?

After all taxes, a General Internal Medicine Physicians in New Jersey takes home approximately $12,672 per month, or about $73.11 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.

How is General Internal Medicine Physicians take-home pay in New Jersey calculated?

We start with the 2024 BLS median salary of $222,010 for General Internal 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 — $152,066/yr — does not include local taxes, pre-tax deductions (401k, HSA), or tax credits.

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Tax Calculation Assumptions

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

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