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Alexander City
Alexander City
Alabama
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2.5 out of 5 stars based on 0 ratings
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Alexander City, known to locals as "Alex City", is a city in Tallapoosa County, Alabama, United States, with a population of some 14,875. It is known for Lake Martin with its 750 miles (1,210 km) of wooded shoreline and 44,000 acres (180 km2) of water. Lake Martin stands on the Tallapoosa River and offers boating, swimming, fishing, golfing, and camping. Many neighborhoods and luxury homes are located on the lake. The city's economy was traditionally based on the textile industry, but in recent times its economic base has become more diversified as textile jobs have gone elsewhere.

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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.

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