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Santa Margarita
Santa Margarita
California
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Santa Margarita is a town and census-designated place located in San Luis Obispo County, California. It was founded in 1889 near Cuesta Peak and San Luis Obispo along State Route 58. The town's name comes from the Mexican Alta California land grant of Rancho Santa Margarita. It is home to the Santa Margarita de Cortona Asistencia site. The population was 1,259 at the 2010 census.

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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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