Lower Merion Township is a township in Montgomery County, Pennsylvania and part of the Philadelphia Main Line.
As of the 2016 U.S. Census, the township had a total population of 58,288. Lower Merion has the 5th highest per-capita income and the 12th highest median household income in the country with a population of 50,000 or more.
The name Merion originates with the county of Merioneth in north Wales.
Merioneth is an English-language translation of the Welsh Meirionnydd. Lower Merion, along with Upper Darby, Haverford, Cheltenham together form as the major inner ring suburbs of Philadelphia.
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How did Pennsylvania earn the grade of B+? We examined the state taxes based on how age friendly they are. Pennsylvania has a state sales tax of 6.00%. Of particular interest is that Pennsylvania does not have taxes on social security. There are no estate taxes. There are taxes imposed on inheritance. Pennsylvania has an effective property tax rate of 1.55%. Weighing these taxes and other taxes most likely to impact the aging population is how Pennsylvania earned its state tax grade of B+.
Learn more about taxes in Pennsylvania