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Harbor Springs
Harbor Springs
Michigan
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Harbor Springs is a city and resort community in Emmet County in the U.S. state of Michigan. The population was 1,194 at the 2010 census. Harbor Springs is in a sheltered bay on the north shore of the Little Traverse Bay on Lake Michigan. The Little Traverse Lighthouse is a historic lighthouse on the Harbor Point peninsula, which shelters the deepest natural harbor on the Great Lakes. M-119 connects with US 31 7 miles (11 km) east and south at Bay View, and Petoskey, which is 4 miles (6.4 km) away on the south side of the harbor. The area is known for its historic summer resorts, such as Wequetonsing, which was founded by Illinois businessmen and lawyers Henry Stryker, III, and Henry Brigham McClure. They were both connected with the Jacob Bunn industrial dynasty of Illinois.

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Taxes

B

How did Michigan earn the grade of B? We examined the state taxes based on how age friendly they are. Michigan has a state sales tax of 6.00%. Of particular interest is that Michigan does not have taxes on social security. There are no estate taxes. There are no taxes imposed on inheritance. Michigan has an effective property tax rate of 1.71%. Weighing these taxes and other taxes most likely to impact the aging population is how Michigan earned its state tax grade of B.

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