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Panorama City
Panorama City
California
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Panorama City is a neighborhood in Los Angeles, California, within the San Fernando Valley. It has a generally young age range as well as the highest population density in the Valley. Ethnically, more than half the population was born abroad, a higher percentage than Los Angeles as a whole. Known as the valley's first planned community following a transition from agriculture to a post-World War II housing boom, it has produced several notable residents. Today it is a mixture of single-family homes and low-rise apartment buildings. Panorama City has three high schools, two recreational centers, a senior center, two hospitals and a chamber of commerce.

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Taxes

C

How did California earn the grade of C? We examined the state taxes based on how age friendly they are. California has a state sales tax of 7.25%. Of particular interest is that California does not have taxes on social security. There are no estate taxes. There are no taxes imposed on inheritance. California has an effective property tax rate of 0.79%. Weighing these taxes and other taxes most likely to impact the aging population is how California earned its state tax grade of C.

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