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Cerritos
Cerritos
California
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Cerritos (Spanish for little hills), formerly named Dairy Valley because of the preponderance of dairy farms in the area, is an affluent suburban city in Los Angeles County, California, United States, and is one of several cities that constitute the Gateway Cities of southeast Los Angeles County. It was incorporated on April 24, 1956. As of the 2010 census, the population was 49,041. It is part of the Los Angeles–Long Beach–Anaheim, California Metropolitan Statistical Area designated by the Office of Management and Budget.

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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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