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Lorimor
Lorimor
Iowa
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3.5 out of 5 stars based on 0 ratings
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Lorimor is a city in Union County, Iowa, United States. The population was 360 at the 2010 census. Lorimor was founded by J.S. Lorimor who was given the honor of renaming the city, when the town grew after he gave land to the railroads as they traveled through town, in return for the railroad placing a water stop in the town. With the business from the Railroads, and his 2,000-acre (8.1 km2) farm of bluegrass seed, the town was quite successful in its early years.

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Taxes

C

How did Iowa earn the grade of C? We examined the state taxes based on how age friendly they are. Iowa has a state sales tax of 6.00%. Of particular interest is that Iowa does not have taxes on social security. There are no estate taxes. There are taxes imposed on inheritance. Iowa has an effective property tax rate of 1.50%. Weighing these taxes and other taxes most likely to impact the aging population is how Iowa earned its state tax grade of C.

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