Summary
If you make $38,121 a year living in the region of New Jersey, USA, you will be taxed $6,662. That means that your net pay will be $31,459 per year, or $2,622 per month. Your average tax rate is 17.5% and your marginal tax rate is 22.3%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of $100 in your salary will be taxed $22.34, hence, your net pay will only increase by $77.66.
Bonus Example
A $1,000 bonus will generate an extra $777 of net incomes. A $5,000 bonus will generate an extra $3,883 of net incomes.