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Watertown
Watertown
Tennessee
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Watertown is a town located in Wilson County, Tennessee. The population was 1,358 at the 2000 census and 1,477 at the 2010 census. It is located southeast of Lebanon, and Northwest of Smithville.

Managed by the Age Friendly Foundation

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good small place to live no red lights low crime
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good small place to live no red lights low crime

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Taxes

B+

How did Tennessee earn the grade of B+? We examined the state taxes based on how age friendly they are. Tennessee has a state sales tax of 7.00%. Of particular interest is that Tennessee does not have taxes on social security. There are no estate taxes. There are no taxes imposed on inheritance. Tennessee has an effective property tax rate of 0.75%. Weighing these taxes and other taxes most likely to impact the aging population is how Tennessee earned its state tax grade of B+.

Learn more about taxes in Tennessee

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