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Lima
Lima
Ohio
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Lima ( LY-mə) is a city in and the county seat of Allen County, Ohio, United States. The municipality is located in northwestern Ohio along Interstate 75 approximately 72 miles (116 km) north of Dayton and 78 miles (126 km) south-southwest of Toledo. As of the 2010 census, the city had a population of 38,771. It is the principal city of and is included in the Lima, Ohio metropolitan statistical area, which is included in the Lima–Van Wert–Wapakoneta, OH, combined statistical area. Lima was founded in 1831. The Lima Army Tank Plant, built in 1941, is the sole producer of the M1 Abrams.

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Taxes

C

How did Ohio earn the grade of C? We examined the state taxes based on how age friendly they are. Ohio has a state sales tax of 5.75%. Of particular interest is that Ohio does not have taxes on social security. There are no estate taxes. There are no taxes imposed on inheritance. Ohio has an effective property tax rate of 1.56%. Weighing these taxes and other taxes most likely to impact the aging population is how Ohio earned its state tax grade of C.

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