NJ Stats: State Adjusted Unemployment Taxes Rates 2015

(Maximum State Tax Rate Applied to State Wage Base and Then Taken as a Share of State Average Pay)

Rank State Unemployment Tax Rate
1 California 0.78
2 Florida 0.87
3 Virginia 1.04
4 Arizona 1.09
4 Louisiana 1.09
6 Georgia 1.12
6 Illinois 1.12
8 Alabama 1.16
9 Maryland 1.20
10 Nebraska 1.24
11 Texas 1.32
12 New York 1.57
13 Connecticut 1.70
14 Ohio 1.74
15 New Hampshire 1.97
16 Pennsylvania 2.02
17 Mississippi 2.06
18 Tennessee 2.07
19 Colorado 2.10
19 Maine 2.10
19 Michigan 2.10
22 West Virginia 2.19
23 Arkansas 2.20
24 Kentucky 2.39
25 Indiana 2.72
25 Kansas 2.72
27 South Carolina 2.75
28 Oklahoma 2.92
29 Missouri 2.98
30 Delaware 2.99
31 Massachusetts 3.06
31 New Mexico 3.06
33 Wisconsin 3.23
34 Vermont 3.26
35 Nevada 3.47
36 North Carolina 3.53
37 South Dakota 3.85
38 New Jersey 3.93
39 Alaska 3.96
40 Oregon 4.24
41 Montana 4.73
42 Rhode Island 4.76
42 Washington 4.76
44 Idaho 5.36
45 Iowa 5.38
46 Wyoming 5.45
47 Minnesota 5.54
48 Hawaii 5.58
49 Utah 5.60
50 North Dakota 7.14


50 State Average: 2.904
New Jersey is 35.3% higher than the average.

Source: Raymond J. Keating. “Business Tax Index 2015: Best to Worst State Tax Systems for Entrepreneurship and Small Business.” Small Business & Entrepreneurship Council. April 2015. Accessed January 2016. http://www.sbecouncil.org/resources/publications/small-business-tax-index-2015/


2014

Rank State Unemployment Tax Rate
1 California 0.790
2 Florida 1.028
3 Arizona 1.044
4 Virginia 1.074
5 Louisiana 1.110
6 Nevada 1.118
7 Georgia 1.138
8 Alabama 1.306
9 Texas 1.336
10 New York 1.591
11 Maryland 1.698
12 Ohio 1.737
13 Connecticut 1.769
14 Indiana 1.841
15 Kansas 1.864
16 Arkansas 1.915
17 Pennsylvania 2.007
18 Colorado 2.103
19 New Hampshire 2.106
20 Mississippi 2.113
20 Tennessee 2.113
22 Michigan 2.151
23 West Virginia 2.305
24 Illinois 2.326
25 South Carolina 2.412
26 Kentucky 2.429
27 Maine 2.578
28 Massachusetts 2.921
29 Delaware 3.024
30 Missouri 3.028
31 New Mexico 3.172
32 Vermont 3.280
33 Wisconsin 3.327
34 North Carolina 3.445
35 South Dakota 3.623
36 Nebraska 3.715
37 Alaska 3.923
38 New Jersey 3.970
39 Oklahoma 4.151
40 Oregon 4.246
41 Washington 4.443
42 Rhode Island 4.739
43 Montana 4.841
44 Utah 5.541
45 Wyoming 5.609
46 Iowa 5.675
47 Hawaii 5.926
48 Minnesota 6.427
49 Idaho 6.548
50 North Dakota 6.681


50 State Average Score: 2.985%

New Jersey is 33% higher than the Average

Source: Raymond J. Keating. “Small Business Policy Index 2014.” Small Business & Entrepreneurship Council. December 2014. Accessed July 2015. http://www.sbecouncil.org/resources/publications/business-policy-index-2014/