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Rockaway
Rockaway
New Jersey
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0 out of 5 stars based on 0 ratings
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Rockaway is a borough in Morris County, New Jersey, United States. As of the 2010 United States Census, the borough's population was 6,438, reflecting a decline of 35 (-0.5%) from the 6,473 counted in the 2000 Census, which had in turn increased by 230 (+3.7%) from the 6,243 counted in the 1990 Census.Rockaway was formed as a borough on June 19, 1894, from portions of Rockaway Township, based on the results of a referendum held the previous day. Additional portions of Rockaway Township were annexed by the borough in 1908.The borough shares its name with the Rockaway River and the neighboring township. The name is derived from a Native American term, variously said to mean "place of sands", "creek between two hills" or "bushy" / "difficult to cross".

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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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