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40. Best places to retire if you hate taxes
State income tax: None
Sales tax: 6%
Med. property tax: $2,031
Med. home value: $144,000
The scoop: Sioux Falls offers residents a strong economy and all the amenities of a big city -- its population is 155,000. But it retains a small-town vibe.
NEXT: 41. Best places to retire if you hate taxes
Last updated May 12 2010: 10:39 AM ET
Source: Tax Foundation, CCH, local realtor associations, Trulia, Money research
Income tax level assumes annual income of $75,000. Sales tax is state plus local. Median property tax numbers are for the county. 1Taxpayers under age 60 can deduct $2,000 in pension income per year; those 60 and over can deduct $12,500. 2Income from defined-benefit pension plans is tax-exempt.
Income tax level assumes annual income of $75,000. Sales tax is state plus local. Median property tax numbers are for the county. 1Taxpayers under age 60 can deduct $2,000 in pension income per year; those 60 and over can deduct $12,500. 2Income from defined-benefit pension plans is tax-exempt.
