30 States With No Estate Taxes or Inheritance Taxes

Alaska

Overall Rating for Taxes on Retirees: Most tax-friendly

State Sales Tax: Alaska is one of five states with no state sales tax. However, localities can levy sales taxes, which can go as high as 7.5%. But, according to the Tax Foundation, the statewide average is only 1.43%.

State Income Tax Range: No state income tax.

State Taxes on Social Security: Benefits are not taxed.

Property Taxes: The median property tax on Alaska’s median home value of $257,100 is $3,048. Property taxes are usually levied in larger municipalities. Smaller jurisdictions tend to rely on sales taxes instead.

PREV 1 2 3 4 ... 31NEXT

Leave a Comment

Your email address will not be published. Required fields are marked *

related posts
from our network