10 Tax-Friendly States to Make the Most Out of Your Retirement

#2 State: Wyoming

Wyoming has a small number of residents than many American cities, but the revenues from oil and mineral are such that it doesn’t have to charge an income tax, an estate tax, or an inheritance tax. The average sales tax is 5.39 percent, but seniors who meet income requirements can get refunds of $800 to $900.

Meanwhile, the median property tax on the state’s median home value of $199,900 is $1,223, the nation’s ninth-lowest.

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