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Lincoln Park
Lincoln Park
New Jersey
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Lincoln Park is a borough in Morris County, New Jersey, United States. As of the 2010 United States Census, the borough's population was 10,521, reflecting a decline of 409 (-3.7%) from the 10,930 counted in the 2000 Census, which had in turn declined by 48 (-0.4%) from the 10,978 counted in the 1990 Census.Lincoln Park was incorporated as a borough by an act of the New Jersey Legislature on March 11, 1922, from portions of Pequannock Township. The borough was reincorporated on February 26, 1925. The borough was named for President Abraham Lincoln.New Jersey Monthly magazine ranked Lincoln Park as its 5th best place to live in its 2008 rankings of the "Best Places To Live" in the state.

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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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