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Norborne
Norborne
Missouri
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Norborne is a city in Carroll County, Missouri, United States. The population was 708 at the 2010 census. Norborne was founded in 1868 by Norborne B. Coates, a civil engineer for the railroad. The town has numerous small businesses but is mostly an agricultural community. Norborne is the self-proclaimed Soybean Capital of the World and holds a Soybean Festival every year during the weekend of the second Saturday in August. In June 2009, Norborne, Missouri was hit by straight-line winds in excess of 74 mph (miles per hour) which severely damaged buildings, homes and property.[1][2]

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Taxes

C+

How did Missouri earn the grade of C+? We examined the state taxes based on how age friendly they are. Missouri has a state sales tax of 4.23%. Of particular interest is that Missouri does have taxes on social security. There are no estate taxes. There are no taxes imposed on inheritance. Missouri has an effective property tax rate of 1.00%. Weighing these taxes and other taxes most likely to impact the aging population is how Missouri earned its state tax grade of C+.

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