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Spencer
Spencer
Oklahoma
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Spencer is a city in Oklahoma County, Oklahoma, United States, and a part of the Oklahoma City metropolitan area. The population was 3,746 at the 2000 census. Established in 1903, the City of Spencer is a historic community located just east of the North Canadian River. Spencer is approximately ten miles from downtown Oklahoma City and borders the City of Nicoma Park to the east and the City of Midwest City to the south. Contributing to the cultural fabric of Spencer are the Spencer Chamber of Commerce, the Spencer Garden Club, and the Spencer Historical Society.

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Taxes

C+

How did Oklahoma earn the grade of C+? We examined the state taxes based on how age friendly they are. Oklahoma has a state sales tax of 4.50%. Of particular interest is that Oklahoma does not have taxes on social security. There are no estate taxes. There are no taxes imposed on inheritance. Oklahoma has an effective property tax rate of 0.89%. Weighing these taxes and other taxes most likely to impact the aging population is how Oklahoma earned its state tax grade of C+.

Learn more about taxes in Oklahoma

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