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Grapevine
Grapevine
Texas
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Grapevine is a city in the U.S. state of Texas, predominantly in Tarrant County and has areas that extend into Dallas and Denton counties. Highways SH 26, SH 121, SH 360, SH 114, Spur 97, and FM 2499 run into Grapevine. With its central location in the Metroplex, being approximately 22 to 24 miles from the downtowns of both Dallas and Fort Worth, Grapevine is a suburb of the Dallas/Fort Worth metroplex. The city is part of the Dallas Fort Worth Statistical Area and a significant part of the city limits are mostly within the Dallas/Fort Worth International Airport, with neighboring cities such as Coppell, Euless, and Irving. In recent years several wineries have opened in Grapevine, and the city has been very active in maintaining its historic downtown corridor. The city is adjacent to Grapevine Lake, a large reservoir impounded by the Army Corps of Engineers in 1952 and serves as both a source of water and recreational area. Part of Dallas/Fort Worth International Airport is within Grapevine city limits, the largest portion of any municipality bordering the facility. In 2007 CNNMoney.com rated Grapevine as one of "America's Best Places to Live."

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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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