Los Gatos (Spanish for "The Cats") is an incorporated town in Santa Clara County, California, United States. The population is 30,391 according to the 2013 United States Census Bureau. According to Bloomberg Businessweek, Los Gatos is ranked the 33rd wealthiest city in the United States. It is located in the San Francisco Bay Area at the southwest corner of San Jose in the foothills of the Santa Cruz Mountains. Los Gatos is part of Silicon Valley, with several high technology companies maintaining a presence there. Most notably, streaming and content creator, Netflix is headquartered in Los Gatos and has developed a large presence in the area.
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How did California earn the grade of C? We examined the state taxes based on how age friendly they are. California has a state sales tax of 7.25%. Of particular interest is that California does not have taxes on social security. There are no estate taxes. There are no taxes imposed on inheritance. California has an effective property tax rate of 0.79%. Weighing these taxes and other taxes most likely to impact the aging population is how California earned its state tax grade of C.
Learn more about taxes in California