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Hercules
Hercules
California
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Hercules is a city in western Contra Costa County, California. Situated along the coast of San Pablo Bay, it is located in the eastern region of the San Francisco Bay Area, about 10 miles (16 km) north of Berkeley, California. As of 2010, its population was 24,060, according to the United States Census Bureau. Hercules was founded in 1881 as a company town for the Hercules Powder Company, one of several explosive manufacturers that were active along the Pinole shoreline in the late 19th to the mid-20th century. Starting in the 1970s, Hercules was heavily redeveloped as suburban bedroom community that lies along the I-80 corridor in Eastern Contra Costa County. It has a very ethnically diverse population.

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Taxes

C

How did California earn the grade of C? We examined the state taxes based on how age friendly they are. California has a state sales tax of 7.25%. Of particular interest is that California does not have taxes on social security. There are no estate taxes. There are no taxes imposed on inheritance. California has an effective property tax rate of 0.79%. Weighing these taxes and other taxes most likely to impact the aging population is how California earned its state tax grade of C.

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