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Taxes and
Retirement
Most people think that Florida
is the most tax-friendly state for retirees, and while
it is tax-friendly because it has no state income tax
(and therefore no retirement income tax), real estate is
assessed at 100% and there is a state sales tax.
Overall, other states beat
Florida
when it comes to being tax-friendly at retirement time.
These include Oklahoma,
Wyoming, Mississippi,
Louisiana, Kentucky, Georgia,
Alabama, South Carolina, Delaware
and even Pennsylvania.
And on the
other end of the scale, California, Oregon,
Nebraska, Iowa, Minnesota,
Wisconsin, Maine, New York,
New Jersey and Connecticut
are among the least friendly tax states when it comes to
retirement.
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Melbourne Population: 78,000 | Percentage Age 45 or Better:
42% | Cost of Living: Below
U.S.
Average | Crime Rate:
Above U.S. Average | Current
Temperature 
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Alamanda Key
4290 Alamanda Key Dr., Melbourne,
Florida 32901
(321) 984-2600
300 single
family homes and town homes
Priced from
high-$100,000s
Age
Restriction: 55+
Web
Site
Gated, two
lakes, front porches, tropical landscaping
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Florida Stats:
Population, year 2009 estimate - 18,537,969
Persons 65 years old and over, year 2009 - 17.2%
High school graduates, percent of persons age 25+, year 2000
- 79.9%
Bachelor's degree or higher, pct of persons age 25+, year
2000 - 22.3%
Persons of Hispanic or Latino origin, percent, year 2009 -
21.5%
White persons, not Hispanic, percent, year 2009 - 59.5%
Median household income, year 2008 - $47,802
Social Security taxed? No
Source: U.S. Census Bureau
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