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Monticello
Monticello
New York
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Monticello is a village located in Thompson in Sullivan County, New York, United States. The population was 6,726 at the 2010 census. It is the seat for the Town of Thompson and the county seat of Sullivan County. The village was named after the residence of Thomas Jefferson. The Village of Monticello is in the central part of Thompson, adjacent to New York Route 17. Monticello is one of the largest villages in the county.

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Taxes

C

How did New York earn the grade of C? We examined the state taxes based on how age friendly they are. New York has a state sales tax of 4.00%. Of particular interest is that New York does not have taxes on social security. There are estate taxes. There are no taxes imposed on inheritance. New York has an effective property tax rate of 1.65%. Weighing these taxes and other taxes most likely to impact the aging population is how New York earned its state tax grade of C.

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