New Providence is a borough on the northwestern edge of Union County, New Jersey, United States. It is located on the Passaic River, which forms the county boundary with Morris County. As of the 2010 United States Census, the population was 12,171, reflecting an increase of 264 (+2.2%) from the 11,907 counted in the 2000 Census, which had in turn increased by 468 (+4.1%) from the 11,439 counted in the 1990 Census.
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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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