Montclair State University — Financial Data

2,177 Population FY 2023

Beta: source-backed tax context only. This is not a personalized tax-burden estimate.

Current source-backed tax context for New Jersey and Montclair State University.

Component	Summary	Effective	Coverage	Sources
NJ gross income tax	New Jersey uses a progressive gross-income-tax schedule with rates from 1.4% to 10.75%, a filing-threshold cliff ($10,000 single/MFS, $20,000 joint/HoH/QW — at or below owes nothing), no standard deduction, and $1,000/filer + $1,500/dependent-child exemptions. Computed rules live in the rate catalog, oracle-validated 2026-07-16.	Tax year 2025 (statutory 2020-and-after schedules), captured 2026-07-16.	Source verified	NJ gross income tax overview; NJ tax rate schedule; 2025 NJ-1040 instructions
NJ sales and use tax (base)	New Jersey state sales tax rate is 6.625%, effective January 1, 2018; ordinary local sales add-ons are zero statewide. Loaded as a rate catalog flat-rate row (Pass B activation).	Effective January 1, 2018 (2026-04-27 metro source pass).	Loaded	New Jersey Division of Taxation sales and use tax information
NJ property tax policy (local levy administration)	Property taxes are administered and collected locally by county and municipal tax offices.	Current Treasury guidance (as accessed April 18, 2026).	Needs review	NJ local property tax

Community Profile

Census Bureau ACS 5-year estimates

83.5% Bachelor's+ Rate 2023

4.4% Unemployment Rate 2023

Per Capita Income

$7,769 (2023)

2021 2023

Median Age

20.0 (2023)

2021 2023

Financial Documents (3)

Year	Title	Type
2023	Montclair State University Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2022	Montclair State University Census ACS 5-Year Estimates 2022	US_CENSUS_ACS5
2021	Montclair State University Census ACS 5-Year Estimates 2021	US_CENSUS_ACS5

Governance & Structure

Governance Structure

School Details

Not applicable for this entity type.