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Commerce
Commerce
Texas
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Commerce is a city in Hunt County, Texas, United States, situated on the eastern edge of North Texas, in the heart of the Texas Blackland Prairies, and the northeastern part of the Dallas/Fort Worth Metroplex. The town is 66 miles (106 km) northeast of Dallas and 45 miles (72 km) south of the Texas/Oklahoma border. Commerce is the second largest city in Hunt County, with a population of 8,078 at the 2010 census and an estimated 9,091 in 2016. The city is home to Texas A&M University–Commerce, a four-year university of over 12,000 students that has been in the town since 1894. Commerce is one of the smallest college towns in Texas.

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Taxes

B

How did Texas earn the grade of B? We examined the state taxes based on how age friendly they are. Texas has a state sales tax of 6.25%. Of particular interest is that Texas does not have taxes on social security. There are no estate taxes. There are no taxes imposed on inheritance. Texas has an effective property tax rate of 1.86%. Weighing these taxes and other taxes most likely to impact the aging population is how Texas earned its state tax grade of B.

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