 As of 2010, Teaneck's effective tax rate of $2.492 per $100 of equalized value was the 12th-highest of the 70 municipalities in Bergen County, which had a countywide median effective rate of $2.115 per $100, ranging from a low of $.596 in Alpine to a high of $3.005 in Ridgefield Park., just under 55% of a Teaneck property owner's real estate taxes goes to support the local school system, 36.7% goes to municipal taxes (including an open space tax) and the remaining 8.4% to cover county services (which also assesses an open space tax).In the decade from 2003 to 2013, municipal taxes had risen at an annual rate of just over 4.5% and school taxes by almost 2.8%, while the Consumer Price Index for the New York–Northern New Jersey–Long Island area had gone up 2.6% during that time span.