Stamford is a city in Fairfield County, Connecticut, United States. According to the 2010 census, the population of the city is 122,643. As of 2017, according to the Census Bureau, the population of Stamford had risen to 131,000, making it the third-largest city in the state (behind Bridgeport and New Haven) and the seventh-largest city in New England. Approximately 30 miles (50 kilometers) from Manhattan, Stamford is in the Bridgeport-Stamford-Norwalk Metro area which is a part of the Greater New York metropolitan area. Stamford is home to four Fortune 500 Companies, nine Fortune 1000 Companies, and 13 Courant 100 Companies, as well as numerous divisions of large corporations. This gives Stamford the largest financial district in the New York metropolitan region outside New York City itself and one of the largest concentrations of corporations in the United States.
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How did Connecticut earn the grade of D? We examined the state taxes based on how age friendly they are. Connecticut has a state sales tax of 6.35%. Of particular interest is that Connecticut does have taxes on social security. There are estate taxes. There are no taxes imposed on inheritance. Connecticut has an effective property tax rate of 2.02%. Weighing these taxes and other taxes most likely to impact the aging population is how Connecticut earned its state tax grade of D.
Learn more about taxes in Connecticut