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Cottontown
Cottontown
Tennessee
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Cottontown is an unincorporated community and census-designated place (CDP) in Sumner County, Tennessee, United States. It was named for Capt. Thomas Cotton, a Revolutionary War veteran from North Carolina. As of the 2010 census, its population was 367. It is located along State Route 25 northwest of neighboring Gallatin. The area has its own Post Office. The United States Postal Service ZIP code for the Cottontown area is 37048.

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Taxes

B+

How did Tennessee earn the grade of B+? We examined the state taxes based on how age friendly they are. Tennessee has a state sales tax of 7.00%. Of particular interest is that Tennessee does not have taxes on social security. There are no estate taxes. There are no taxes imposed on inheritance. Tennessee has an effective property tax rate of 0.75%. Weighing these taxes and other taxes most likely to impact the aging population is how Tennessee earned its state tax grade of B+.

Learn more about taxes in Tennessee

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