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Martin
Martin
Tennessee
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Martin is a city in Weakley County, Tennessee, United States. Martin, Tennessee is named for Captain William Martin. William Martin was born in Halifax County, Virginia in 1806, and moved to Weakley County, Tennessee with his wife Sarah in 1832. Captain Martin prospered through tobacco farming and began working to establish a railroad connection in what would later become Martin in 1852. It was not until after his death in 1859 that his sons, led primarily by George W. Martin, persuaded the Mississippi Central Railroad to locate a connection with the Nashville and Northwestern Railroad in what would become Martin, Tennessee in 1872 Martin is the home of the University of Tennessee at Martin. The population was 11,473 at the 2010 census.

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Taxes

B+

How did Tennessee earn the grade of B+? We examined the state taxes based on how age friendly they are. Tennessee has a state sales tax of 7.00%. Of particular interest is that Tennessee does not have taxes on social security. There are no estate taxes. There are no taxes imposed on inheritance. Tennessee has an effective property tax rate of 0.75%. Weighing these taxes and other taxes most likely to impact the aging population is how Tennessee earned its state tax grade of B+.

Learn more about taxes in Tennessee

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