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El Dorado
El Dorado
California
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3.5 out of 5 stars based on 0 ratings
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El Dorado (Spanish for The golden; formerly Eldorado, Mud Spring, and Mud Springs), not to be confused with the nearby El Dorado Hills, is an unincorporated community in El Dorado County, California. It is located 4 miles (6.4 km) southwest of Placerville, at an elevation of 1608 feet (490 m). The population was 4,096 at the 2000 census. The town is registered as California Historical Landmark #486. The ZIP code is 95623. The community is inside area code 530.

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Taxes

C

How did California earn the grade of C? We examined the state taxes based on how age friendly they are. California has a state sales tax of 7.25%. Of particular interest is that California does not have taxes on social security. There are no estate taxes. There are no taxes imposed on inheritance. California has an effective property tax rate of 0.79%. Weighing these taxes and other taxes most likely to impact the aging population is how California earned its state tax grade of C.

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