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New Canaan
New Canaan
Connecticut
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New Canaan () is a town in Fairfield County, Connecticut, United States, 12 miles (19 km) northeast of Greenwich, 36 miles (58 km) west of New Haven and 48 miles (77 kilometers) northeast of New York City. The population was 19,738 according to the 2010 census. In 2008 New Canaan had the highest median family income in the country.Considered part of Connecticut's Gold Coast, New Canaan is known for its public school system, its wide range of architecture from the Harvard Five modern homes to historic New England colonials and farmhouses, as well as a signature town center with premiere shopping, classic boutiques, and an elaborate display of lights for the Holidays. Residents carol on Church Hill every Christmas Eve, a town tradition since 1916.

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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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