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Madison
Madison
Connecticut
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0 out of 5 stars based on 0 ratings
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Madison is a town in the southeastern corner of New Haven County, Connecticut, United States, occupying a central location on Connecticut's Long Island Sound shoreline. The population was 18,269 at the 2010 census.Madison was first settled in 1641. Throughout the 18th century, Madison was known as East Guilford until it was incorporated as a town in 1826. The present name is after James Madison, 4th President of the United States.Bill Clinton favorably mentions the town in his autobiography, My Life singling it out , as an "especially old and beautiful" favorite during his time at Yale.

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Taxes

D

How did Connecticut earn the grade of D? We examined the state taxes based on how age friendly they are. Connecticut has a state sales tax of 6.35%. Of particular interest is that Connecticut does have taxes on social security. There are estate taxes. There are no taxes imposed on inheritance. Connecticut has an effective property tax rate of 2.02%. Weighing these taxes and other taxes most likely to impact the aging population is how Connecticut earned its state tax grade of D.

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