Table 1. Descriptive statistics at municipality-level by law adoption status

Opted in Opted out
Mean SD Mean SD
% with at least one neighbor opted in 33.63*** 25.49
Municipality revitalization index –1.73*** 5.13 0.73 4.48
Population in 2020 24,727.29*** 36,267.25 12,629.72 16,666.23
% Voters for Biden in 2020 57.46*** 13.87 50.18 12.77
% Residents 65 years or older 16.67*** 5.81 19.58 9.23
Property tax rate 2.86*** 0.79 2.52 1.20
Equalized property value per capita 141,717.87*** 159,484.51 318,489.77 763,033.17
Total observations 153 402
Data come from 555 out of 565 New Jersey municipalities. Ten N.J. municipalities were dropped from the sample because they had missing information about their opt-in status. The unit of analysis is at the municipality-level. At least one neighbor opted in is a binary variable that equals 1 if a neighboring municipality that shares a border with the municipality opted in and 0 otherwise. The municipality revitalization index (MRI) is a continuous variable created by the NJ Department of Community Affairs that measures the socioeconomic status of the municipality. The higher the value for the MRI implies that municipality if relatively more affluent compared to municipalities with a lower value for the MRI.
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