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Merrimac
Merrimac
Massachusetts
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Merrimac is a small town in Essex County, Massachusetts, United States, and on the southeastern border of New Hampshire, approximately 34 miles (55 km) northeast of Boston and 10 miles (16 km) west of the Atlantic Ocean. It was incorporated on April 11, 1876. It is situated along the north bank of the Merrimack River in the Merrimack Valley. The population was 6,338 at the 2010 census. Historically a manufacturing center, it has long since become a largely residential community. It is part of the Greater Boston metropolitan area.

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Taxes

C

How did Massachusetts earn the grade of C? We examined the state taxes based on how age friendly they are. Massachusetts has a state sales tax of 6.25%. Of particular interest is that Massachusetts does not have taxes on social security. There are estate taxes. There are no taxes imposed on inheritance. Massachusetts has an effective property tax rate of 1.21%. Weighing these taxes and other taxes most likely to impact the aging population is how Massachusetts earned its state tax grade of C.

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