SmartAsset Study Ranks NJ Counties For Largest Tax Refunds

On Oct 19, 2018

Each tax season, Americans across the country are refunded for any taxes they overpaid for during the year. Financial technology company SmartAsset released a study on the counties in New Jersey where residents are receiving the largest tax refunds.

SmartAsset analyzed data from the IRS to determine the counties that received the highest refunds and the counties that owed the most after filing their taxes.

To determine the counties that received the highest refunds, we divided the total refund amount by the number of refunds in each county. We did the same to calculate the average amount owed, by dividing the total taxes owed in each county, by the number of filers that still owe taxes.

We then ranked each county to determine who receives the highest refund and who pays the most after filing their taxes.

For a more detailed look at how places in New Jersey compared, check out the table below.

Rank	County	Number of Taxpayers that Receive Refunds	Average Tax Amount Refunded	Number of Taxpayers that Owe Taxes	Average Tax Amount Owed	Taxes Refunded Index
1	Bergen, NJ	316,550	$4,100	108,740	$7,954	98.34
2	Essex, NJ	286,630	$4,095	64,430	$6,746	98.31
3	Morris, NJ	172,120	$3,980	61,980	$8,810	98.12
4	Somerset, NJ	114,650	$3,798	41,600	$8,788	96.91
5	Mercer, NJ	131,020	$3,499	35,150	$6,802	94.16
6	Union, NJ	209,050	$3,486	50,860	$6,055	93.94
7	Hunterdon, NJ	42,330	$3,459	17,050	$8,040	93.43
8	Monmouth, NJ	226,400	$3,341	72,170	$7,981	90.98
9	Hudson, NJ	261,450	$3,127	59,280	$4,807	82.94
10	Passaic, NJ	198,760	$3,098	39,340	$4,599	81.70
	NJ	3,274,970	$3,342	858,290	$6,343

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