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Tuxedo Park
Tuxedo Park
New York
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Tuxedo Park is a village in Orange County, New York, United States. The population was 623 at the 2010 census. It is part of the Poughkeepsie–Newburgh–Middletown, NY, Metropolitan Statistical Area as well as the larger New York–Newark–Bridgeport, NY-NJ-CT-PA Combined Statistical Area. The name is derived from a Native American word of the Lenape language, tucsedo or p'tuxseepu, which is said to mean "crooked water" or "crooked river." Tuxedo Park is a village within the southern part of the town of Tuxedo, near New York Route 17 and the New York State Thruway.

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Taxes

C

How did New York earn the grade of C? We examined the state taxes based on how age friendly they are. New York has a state sales tax of 4.00%. Of particular interest is that New York does not have taxes on social security. There are estate taxes. There are no taxes imposed on inheritance. New York has an effective property tax rate of 1.65%. Weighing these taxes and other taxes most likely to impact the aging population is how New York earned its state tax grade of C.

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