4. Hawaii
If this is not one of the nicest places, then I don’t know where else it could be! Hawaii is another tax-friendly state where the median property tax rate is $281 per $100,000 of assessed home value. This could be heaven for retirees. It also exempts Social Security benefits.
Good to know: If you have other sources of income, Hawaii will tax that income at rates up to 11%.
A downside here is that property values are pretty high, and sales taxes are pretty low in this state. Another thing to keep in mind is that the purchase of clothing and groceries is taxed.
You need to swap out Alabama for Virginia. Virginia taxes literally everything ata a high rate. I pay almost much personal property tax for my 4 year old truck as I do for my house.
What about Texas? Sure, property taxes are a little high; however, if you are a 100% disabled vet you pay 0 property tax on your primary residence. There is no state income tax, they don’t tax military retired pay or your vehicle when you register it every year like some states. TX is also one of the most veteran-friendly states with many discounts for vets. Also some of the best laws for gun owners.
James
THE U.S. GOVERMENT TAXES NEARLY ALL OF MY SOCIAL SECURITY AND THAT IS A CRIME AND A SHME! ITSBLOODMONEY. HOW DARE THEY!! I HATE PAYING TAXES ON SOCIAL SECURITY!!!
I find Delaware FAR more affordable than Connecticut.
I wish we didn’t have to pay property tax after 65 in Alabama. We are 82 and yes we are paying property tax. It’s not near as high as most states but it’s misinformation that we don’t pay property tax after 65.