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Troy
Troy
Alabama
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Troy is a city in Pike County, Alabama, United States. The city is the county seat of Pike County. It was formally incorporated on February 4, 1843. As of the 2010 census, the population was 18,033. The 2015 estimated population was 18,696. The City of Troy is considered one of the fastest growing cities in Alabama. Troy is a college town and is home to Troy University, the third-largest university in total enrollment in the state of Alabama.

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Taxes

B

How did Alabama earn the grade of B? We examined the state taxes based on how age friendly they are. Alabama has a state sales tax of 4.00%. Of particular interest is that Alabama does not have taxes on social security. There are no estate taxes. There are no taxes imposed on inheritance. Alabama has an effective property tax rate of 0.43%. Weighing these taxes and other taxes most likely to impact the aging population is how Alabama earned its state tax grade of B.

Learn more about taxes in Alabama

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