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Watertown
Watertown
New York
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Watertown is a city in the state of New York and the county seat of Jefferson County. It is situated approximately 20 miles (35 km) south of the Thousand Islands. As of the 2010 census, it had a population of 27,023, an increase of 1.2% since 2000. The U.S. Army post Fort Drum is near the city. Named after the many falls located on the Black River, the city developed early in the 19th century as a manufacturing center. From years of generating industrial wealth, in the early 20th century the city was said to have more millionaires per capita than any other city in the nation. Geographically, Watertown is located in the central part of Jefferson County. It lies 72 miles (116 km) northeast of Syracuse and 31 miles (50 km) south of the Ontario border. The city is served by Watertown International Airport. The city claims to be the birthplace of the five and dime store and the safety pin, and is the home of Little Trees air fresheners. It manufactured the first portable steam engine. It has the longest continually operating county fair in the United States and holds the Red and Black football franchise, the oldest surviving semi-professional team in the United States.

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Its transportation is convenient

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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.

Learn more about taxes in New York

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