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Midland Park
Midland Park
New Jersey
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Midland Park is a borough in Bergen County, New Jersey, United States. As of the 2010 United States Census, the borough's population was 7,128, reflecting an increase of 181 (+2.6%) from the 6,947 counted in the 2000 Census, which had in turn declined by 100 (-1.4%) from the 7,047 counted in the 1990 Census.Midland Park was incorporated as a borough on September 6, 1894, at the height of the "Boroughitis" craze then sweeping through Bergen County that led to the creation of over two dozen new municipalities in the county in that one year alone. The new borough consisted of portions of both Franklin Township and Ridgewood Township. The borough expanded in April 1920 by adding another part of Franklin Township. In a referendum held on June 9, 1931, Midland Park acquired additional land from Wyckoff Township (which until 1926 had been known as Franklin Township). The borough says that Midland Park was named after the New Jersey Midland Railway, which operated the railroad passing through the area of the borough in the 1870s, though elsewhere the name is said to be based on being situated "amid Bergen hills".

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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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