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Old Lyme
Old Lyme
Connecticut
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Old Lyme is a coastal town in New London County, Connecticut, United States. The Main Street of the town, Lyme Street, is a historic district. The town has long been a popular summer resort and artists' colony. The town is named after Lyme Regis, England. The US headquarters of Sennheiser is located in Old Lyme, as is Callaway Cars, the Florence Griswold Museum (including the Florence Griswold House), the Lyme Academy College of Fine Arts, and the Lyme Art Association. Old Lyme and its neighboring town Lyme are the namesake for Lyme disease. The town of Old Lyme contains several villages, including Black Hall, Laysville, Lyme, Soundview, and South Lyme. The total population of the town was 7,603 at the 2010 census.

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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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