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Montgomery
Montgomery
Louisiana
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Montgomery is a town in the far northwestern portion of Grant Parish, which is located in north-central Louisiana, United States. The population of Montgomery was 787 at the 2000 census but dropped by six percent to 730 in 2010. The town has a poverty rate of 37 percent and a median household income of just under $22,000. The median age is just under forty; the population in 2010 was 78 percent white. Montgomery is part of the Alexandria Metropolitan Statistical Area though it is forty miles north of Alexandria. Founded in 1712, even before New Orleans, Montgomery is situated on U.S. Route 71, close to the boundary with Natchitoches and Winn parishes. It is located on the eastern bank of the Red River.

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Taxes

B

How did Louisiana earn the grade of B? We examined the state taxes based on how age friendly they are. Louisiana has a state sales tax of 5.00%. Of particular interest is that Louisiana does not have taxes on social security. There are no estate taxes. There are no taxes imposed on inheritance. Louisiana has an effective property tax rate of 0.51%. Weighing these taxes and other taxes most likely to impact the aging population is how Louisiana earned its state tax grade of B.

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