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Somerdale
Somerdale
New Jersey
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Somerdale is a borough in Camden County, New Jersey, United States. As of the 2010 United States Census, the borough's population was 5,151, reflecting a decline of 41 (-0.8%) from the 5,192 counted in the 2000 Census, which had in turn declined by 248 (-4.6%) from the 5,440 counted in the 1990 Census.The Borough of Somerdale was created on April 23, 1929, from Clementon Township, one of seven municipalities created from the now-defunct township, and one of five new municipalities (including Hi-Nella Borough, Lindenwold Borough, Pine Hill Borough and Pine Valley Borough) created on that same date.

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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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