Managed by the Age Friendly Foundation
Wellford is a small town. We live at the northern end of the town and could easily bicycle to the next closest town, Inman, where there's grocery shopping, a Post Office, a library, restaurants, & other small businesses. We enjoy walking & bicycling in the area, but residents would need to be able to drive to take advantage of the amenities in this area. There are job & educational opportunites, but again, residents would need to be able to drive to access them.
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How did South Carolina earn the grade of B? We examined the state taxes based on how age friendly they are. South Carolina has a state sales tax of 6.00%. Of particular interest is that South Carolina does not have taxes on social security. There are no estate taxes. There are no taxes imposed on inheritance. South Carolina has an effective property tax rate of 0.57%. Weighing these taxes and other taxes most likely to impact the aging population is how South Carolina earned its state tax grade of B.
Learn more about taxes in South Carolina