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Sheridan
Sheridan
Michigan
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Sheridan is a village in Montcalm County in the U.S. state of Michigan. The population was 649 at the 2010 census. The village is located at the corners of four townships and incorporates land from each: Evergreen Township to the northeast, Bushnell Township to the southeast, Fairplain Township to the southwest, and Sidney Township to the northwest. In 1851, Louis Lovell recorded an entry for land here and John W. Winsor built the first business, a sawmill. A shingle-mill owner, Erastus P. Brown, became the first postmaster here on October 14, 1864. It was a station on the Toledo, Saginaw and Muskegon Railway. Sheridan incorporated as a village in 1877 and was named for Union Civil War General Philip Sheridan.

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Taxes

B

How did Michigan earn the grade of B? We examined the state taxes based on how age friendly they are. Michigan has a state sales tax of 6.00%. Of particular interest is that Michigan does not have taxes on social security. There are no estate taxes. There are no taxes imposed on inheritance. Michigan has an effective property tax rate of 1.71%. Weighing these taxes and other taxes most likely to impact the aging population is how Michigan earned its state tax grade of B.

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