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Tokio
Tokio
Texas
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Tokio is an unincorporated community in Terry County, Texas, United States. According to the Handbook of Texas, the community had an estimated population of 24 in 2000. The town of Tokio was founded in 1908, and relocated a mile south to the current location in 1928 when US highway 380 was redirected. Although reaching a population of at least 125 residents in the 1940s, Tokio lies mostly in ruins today. A historical marker stands in front of the old Tokio School. Another Texas community named Tokio (also called Wiggins) is located in McLennan County, near West, Texas.

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Taxes

B

How did Texas earn the grade of B? We examined the state taxes based on how age friendly they are. Texas has a state sales tax of 6.25%. Of particular interest is that Texas does not have taxes on social security. There are no estate taxes. There are no taxes imposed on inheritance. Texas has an effective property tax rate of 1.86%. Weighing these taxes and other taxes most likely to impact the aging population is how Texas earned its state tax grade of B.

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