Southfield is a city in Oakland County of the U.S. state of Michigan. It is a northern suburb of Detroit, MI. As of the 2010 census, the city had a population of 71,739. A part of Metro Detroit's upscale office market, the city's marque is a cluster of five golden skyscrapers – known as the "Golden Triangle" – that form the contemporary 2,200,000 square feet (204,400 m2) Southfield Town Center office complex with a Westin Hotel and a conference center. In addition, a 33-story luxury residential high-rise is separate from the complex. To the west, near the confluence of I-696/Reuther Freeway and M-10/Lodge Freeway, is the American Center.
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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.
Learn more about taxes in Michigan