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Seneca Falls
Seneca Falls
New York
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Seneca Falls is a town in Seneca County, New York, United States. The population was 9,040 at the 2010 census. The Town of Seneca Falls contains the former village also called Seneca Falls. The town is east of Geneva, New York, in the northern part of the Finger Lakes District. Seneca Falls is believed by some to have been the inspiration for the fictional town of “Bedford Falls”, portrayed in filmmaker Frank Capra’s classic 1946 film It’s a Wonderful life.

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Taxes

C

How did New York earn the grade of C? We examined the state taxes based on how age friendly they are. New York has a state sales tax of 4.00%. Of particular interest is that New York does not have taxes on social security. There are estate taxes. There are no taxes imposed on inheritance. New York has an effective property tax rate of 1.65%. Weighing these taxes and other taxes most likely to impact the aging population is how New York earned its state tax grade of C.

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