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Florence
Florence
Texas
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Florence is a city in Williamson County, Texas, United States. The population was 1,136 at the 2010 census. Since 2000, the territorial limits of Florence has grown by 8%. Florence is located about 13 miles west from Georgetown and 40 miles north of Austin in northwestern Williamson County. Florence is part of the Greater Austin metropolitan area. The site was settled in the early 1850s and briefly called Brooksville. By 1857 it was known as Florence, when its first post office was established.

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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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