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Franklin
Franklin
Tennessee
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Franklin is a city in, and the county seat of, Williamson County, Tennessee, United States. Located about 21 miles south of Nashville, it is one of the principal cities of the Nashville metropolitan area. Since 1980, its population has increased more than fivefold and, based on its 2016 estimated population of 74,794, it is ranked as the seventh-largest city in Tennessee.

Managed by the Age Friendly Foundation

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younger families
star
fast growing community. High degree of healthcare for seniors, great education and community resources. Senior resource center and wellness center, Community Arts theater,
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fast growing community. High degree of healthcare for seniors, great education and community resources. Senior resource center and wellness center, Community Arts theater,

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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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