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Little Elm
Little Elm
Texas
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Little Elm is a city in Denton County, Texas, United States, and a part of the Dallas-Fort Worth Metroplex. It is an extended suburb of Dallas. The population was 3,646 at the 2000 census. By the 2010 census, the city total had jumped to 25,898, making Little Elm one of the fastest growing municipalities in Texas since 2000 in terms of percentage. At the entrance to the city limits, population signs reflect a size of more than 31,000 as of 2013.

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It seems to be a mixture of all age groups. One neighbor is 78, the other a young couple.

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Taxes

B

How did Texas earn the grade of B? We examined the state taxes based on how age friendly they are. Texas has a state sales tax of 6.25%. Of particular interest is that Texas does not have taxes on social security. There are no estate taxes. There are no taxes imposed on inheritance. Texas has an effective property tax rate of 1.86%. Weighing these taxes and other taxes most likely to impact the aging population is how Texas earned its state tax grade of B.

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