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Locust Valley
Locust Valley
New York
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Locust Valley is a hamlet and census-designated place (CDP) located in Nassau County, New York. Locust Valley is an unincorporated area of the Town of Oyster Bay. As of the United States 2010 Census, the CDP population was 3,406. The area is commonly identified with its W.A.S.P and "White Shoe" culture surrounding a group of polo and golf clubs, primarily the secretive Piping Rock Club, as well as the equally prestigious Creek Club, in the neighboring incorporated villages of Matinecock and Lattingtown, respectively. The town is also known for Locust Valley lockjaw. Figures ranging from the Duke of Windsor to John Lennon to Franklin D. Roosevelt have spent considerable time in Locust Valley.

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Taxes

C

How did New York earn the grade of C? We examined the state taxes based on how age friendly they are. New York has a state sales tax of 4.00%. Of particular interest is that New York does not have taxes on social security. There are estate taxes. There are no taxes imposed on inheritance. New York has an effective property tax rate of 1.65%. Weighing these taxes and other taxes most likely to impact the aging population is how New York earned its state tax grade of C.

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