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Iowa City
Iowa City
Iowa
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Iowa City is a city in Johnson County, Iowa, United States. It is the home of the University of Iowa and county seat of Johnson County, at the center of the Iowa City Metropolitan Statistical Area. The U.S. Census Bureau estimated the city's population at 74,398 in 2016, making it the state's fifth-largest city. Iowa City is the county seat of Johnson County. The metropolitan area, which encompasses Johnson and Washington counties, has a population of over 164,000. Iowa City was the second capital of the Iowa Territory and the first capital city of the State of Iowa. The Old Capitol building is a National Historic Landmark in the center of the University of Iowa campus. The University of Iowa Art Museum and Plum Grove, the home of the first Governor of Iowa, are also tourist attractions. In 2008, Forbes magazine named Iowa City the second-best small metropolitan area for doing business in the United States.

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Taxes

C

How did Iowa earn the grade of C? We examined the state taxes based on how age friendly they are. Iowa has a state sales tax of 6.00%. Of particular interest is that Iowa does not have taxes on social security. There are no estate taxes. There are taxes imposed on inheritance. Iowa has an effective property tax rate of 1.50%. Weighing these taxes and other taxes most likely to impact the aging population is how Iowa earned its state tax grade of C.

Learn more about taxes in Iowa

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