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Milford
Milford
New Jersey
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Milford is a borough located in western Hunterdon County, New Jersey, United States. At the 2010 United States Census, the borough's population was 1,233, reflecting an increase of 38 (+3.2%) from the 1,195 counted in the 2000 Census, which had in turn declined by 78 (-6.1%) from the 1,273 counted in the 1990 Census.Milford was incorporated as a borough by an act of the New Jersey Legislature on April 15, 1911, from portions of Holland Township, based on the results of a referendum held on May 8, 1911. The borough's incorporation was confirmed on March 13, 1925.The borough is located on the Delaware River in the western portion of Hunterdon County, known as the Hunterdon Plateau. The Borough dates to the mid-18th century when a grist mill was established beside a river in what was then Bethlehem Township. After the mill was destroyed by fire in 1769, the settlement became known as Burnt Mills in Alexandria Township. The area was renamed as "Lowreytown" after Thomas Lowrey purchased land in the area in 1796. The community became commonly known as "Millford" or "Millsford" by the beginning of the 19th century, but by 1844 the name had lost a letter or two. By 1863 it was consistently spelled as "Milford". The community was incorporated in 1911 but the official incorporation was not registered until 1925.

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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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