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Branchville
Branchville
New Jersey
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For the former name of the unincorporated community in Somerset County, see South Branch, New JerseyBranchville is a borough in Sussex County, New Jersey, United States. As of the 2010 United States Census, the borough's population was 841, reflecting a decline of 4 (-0.5%) from the 845 counted in the 2000 Census, which had in turn declined by 6 (-0.7%) from the 851 counted in the 1990 Census. The borough is located in the northernmost region of Sussex County. Branchville was incorporated as a borough by an act of the New Jersey Legislature on March 9, 1898, from portions of Frankford Township. An additional portion of Frankford Township was annexed as of March 1, 1951. The borough was named for its site at a branch of the Paulins Kill.

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Taxes

C

How did New Jersey earn the grade of C? We examined the state taxes based on how age friendly they are. New Jersey has a state sales tax of 6.63%. Of particular interest is that New Jersey does not have taxes on social security. There are estate taxes. There are taxes imposed on inheritance. New Jersey has an effective property tax rate of 2.40%. Weighing these taxes and other taxes most likely to impact the aging population is how New Jersey earned its state tax grade of C.

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