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Spencer
Spencer
Iowa
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Spencer is a city in the state of Iowa (United States), and the county seat of Clay County. It is located at the confluence of the Little Sioux and Ocheyedan rivers. The population was 11,233 in the 2010 census, a decline from 11,317 in the 2000 census. Spencer has a notable Clay County Fair, held annually in September, which averages more than 300,000 visitors each year. The town's late library cat, Dewey Readmore Books, became known throughout the world before his death in 2006. He was immortalized in the book Dewey: The Small-Town Library Cat Who Touched the World by Vicki Myron, director of the library, and Bret Witter.

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Taxes

C

How did Iowa earn the grade of C? We examined the state taxes based on how age friendly they are. Iowa has a state sales tax of 6.00%. Of particular interest is that Iowa does not have taxes on social security. There are no estate taxes. There are taxes imposed on inheritance. Iowa has an effective property tax rate of 1.50%. Weighing these taxes and other taxes most likely to impact the aging population is how Iowa earned its state tax grade of C.

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