Gary is a city in Lake County, Indiana, United States, 25 miles (40 km) from downtown Chicago, Illinois. The population of Gary was 80,294 at the 2010 census, making it the ninth-largest city in the state of Indiana. From the middle of the twentieth century to the present, Gary has experienced drastic population loss, falling by 55 percent from its peak of 178,320 in 1960. Gary is adjacent to the Indiana Dunes National Lakeshore and borders Lake Michigan. The city is known for its large steel mills, and for being the birthplace of The Jackson 5 music group.
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How did Indiana earn the grade of C? We examined the state taxes based on how age friendly they are. Indiana has a state sales tax of 7.00%. Of particular interest is that Indiana does not have taxes on social security. There are no estate taxes. There are no taxes imposed on inheritance. Indiana has an effective property tax rate of 0.87%. Weighing these taxes and other taxes most likely to impact the aging population is how Indiana earned its state tax grade of C.
Learn more about taxes in Indiana