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Pequannock
Pequannock
New Jersey
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Pequannock Township is a township in Morris County, New Jersey, United States. As of the 2010 United States Census, the township's population was 15,420, reflecting an increase of 1,652 (+11.9%) from the 13,888 counted in the 2000 Census, which had in turn increased by 1,044 (+8.1%) from the 12,844 counted in the 1990 Census.The name "Pequannock", as used in the name of the Township and of the Pequannock River, is thought to have been derived from the Lenni Lenape Native American word "Paquettahhnuake", meaning "cleared land ready or being readied for cultivation". Pompton has been cited by some sources to mean "a place where they catch soft fish".New Jersey Monthly ranked Pequannock Township as the "Best Bang for the Buck" in New Jersey and 9th overall in its 2011 edition of "Best Places to Live" in New Jersey. It was then ranked 14th overall in the 2013 edition of "Best Places to Live". In the 2015 edition of "Best Places to Live" in New Jersey, Pequannock ranked 4th overall.

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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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