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Beverly Hills
Beverly Hills
California
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Beverly Hills is a small affluent city in Los Angeles County, California, United States, surrounded by the cities of Los Angeles and West Hollywood. Originally a Spanish ranch where lima beans were grown, Beverly Hills was incorporated in 1914 by a group of investors who had failed to find oil, but found water instead and eventually decided to develop it into a town. By 2013, its population had grown to 34,658. Sometimes referred to as "90210", one of its primary ZIP codes, it was home to many actors and celebrities throughout the 20th century. The city includes the Rodeo Drive shopping district and the Beverly Hills Oil Field.

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Taxes

C

How did California earn the grade of C? We examined the state taxes based on how age friendly they are. California has a state sales tax of 7.25%. Of particular interest is that California does not have taxes on social security. There are no estate taxes. There are no taxes imposed on inheritance. California has an effective property tax rate of 0.79%. Weighing these taxes and other taxes most likely to impact the aging population is how California earned its state tax grade of C.

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