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Playa Vista
Playa Vista
California
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Playa Vista is a neighborhood located in the Westside of the City of Los Angeles, California, United States, north of LAX. Prior to the development of Playa Vista, the area was the headquarters of Hughes Aircraft Company from 1941 to 1985, and was the site of the construction of the Hughes H-4 Hercules "Spruce Goose" aircraft. The area began development in 2002 as a planned community with residential, commercial, and retail components. The community has become a choice address for businesses in technology, media and entertainment and, along with Santa Monica and Venice, has become known as Silicon Beach.

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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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