100 best money moves you can make
Our annual guide to the best stocks and funds, credit cards, career moves, retirement strategies, and much more.
41. Best places to retire if you hate taxes
State income tax: None
Sales tax: 8.25%
Med. property tax: $3,831
Med. home value: $190,000
The scoop: With a bustling all-ages music scene and scads of outdoor activities, the Texas capital is becoming a big draw for many retirees.
NEXT: 42. 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.
