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Lexington
Lexington
Missouri
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3 out of 5 stars based on 0 ratings
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Lexington is a city in Lafayette County, Missouri, United States. The population was 4,726 at the 2010 census. It is the county seat of Lafayette County. Located in western Missouri, Lexington lies about 40 miles east of Kansas City and is part of the Greater Kansas City Metropolitan Area. It is the home of the Battle of Lexington State Historic Site, and of the former Wentworth Military Academy and College, the second-oldest military school west of the Mississippi River opened in 1880.

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Taxes

C+

How did Missouri earn the grade of C+? We examined the state taxes based on how age friendly they are. Missouri has a state sales tax of 4.23%. Of particular interest is that Missouri does have taxes on social security. There are no estate taxes. There are no taxes imposed on inheritance. Missouri has an effective property tax rate of 1.00%. Weighing these taxes and other taxes most likely to impact the aging population is how Missouri earned its state tax grade of C+.

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