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Iron City
Iron City
Tennessee
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0 out of 5 stars based on 0 ratings
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Iron City is a city in Lawrence and Wayne counties, Tennessee. The population was 328 at the 2010 census. Iron City was incorporated as a city from 1887 to 1901, and again from 1962 until 2010, its residents voting to disincorporate in the latter year.

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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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