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Gainestown
Gainestown
Alabama
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Gainestown is an unincorporated community on the Alabama River in Clarke County, Alabama, United States. It was named for George Strother Gaines. Gaines established an Indian trading post here in 1809. The exact date for the founding of the town is unclear. However, the community was being referred to as Gainestown by 1815, following the end of the Creek War and subsequent closure of the trading post in 1814. Gainestown grew to be a large town during the heyday of river-based transport, but a slow decline began after the American Civil War. A tornado on March 26, 1911 destroyed at least 12 homes and much of the town. A contemporaneous account of the storm stated that a dry goods store at Gainestown was destroyed, with fragments of its products found as far away as 30 miles (48 km) to the east, in Monroe County. Gainestown has three sites on the National Register of Historic Places, the Gainestown Methodist Church and Cemetery, Gainestown Schoolhouse, and the Wilson-Finlay House.

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Taxes

B

How did Alabama earn the grade of B? We examined the state taxes based on how age friendly they are. Alabama has a state sales tax of 4.00%. Of particular interest is that Alabama does not have taxes on social security. There are no estate taxes. There are no taxes imposed on inheritance. Alabama has an effective property tax rate of 0.43%. Weighing these taxes and other taxes most likely to impact the aging population is how Alabama earned its state tax grade of B.

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