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Freedom
Freedom
Indiana
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Freedom is an unincorporated community in western Franklin Township, Owen County, in the U.S. state of Indiana. It lies along U.S. Route 231, southwest of the city of Spencer, the county seat of Owen County. Its elevation is 538 feet (164 m), and it is located at 39°12′25″N 86°52′9″W (39.2069886, -86.8691740). Although Freedom is unincorporated, it has a post office, with the ZIP code of 47431.

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Taxes

C

How did Indiana earn the grade of C? We examined the state taxes based on how age friendly they are. Indiana has a state sales tax of 7.00%. Of particular interest is that Indiana does not have taxes on social security. There are no estate taxes. There are no taxes imposed on inheritance. Indiana has an effective property tax rate of 0.87%. Weighing these taxes and other taxes most likely to impact the aging population is how Indiana earned its state tax grade of C.

Learn more about taxes in Indiana

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