Los Gatos (Spanish for "The Cats") is an incorporated town in Santa Clara County, California, United States. The population is 30,391 according to the 2013 United States Census Bureau. According to Bloomberg Businessweek, Los Gatos is ranked the 33rd wealthiest city in the United States. It is located in the San Francisco Bay Area at the southwest corner of San Jose in the foothills of the Santa Cruz Mountains. Los Gatos is part of Silicon Valley, with several high technology companies maintaining a presence there. Most notably, streaming and content creator, Netflix is headquartered in Los Gatos and has developed a large presence in the area.
Managed by the Age Friendly Foundation
Los Gatos is approximately 35,000 in population and a suburb of San Jose / Silicon Valley. Education and Financial levels are higher than average. Beautiful Area of Trees, Hills and unique shops and restaurants. Parents are very interested in the education of their children. Los Gatos is close to Freeways. Los Gatos has Major Hospitals - Good Samaritan Hospital, Stanford Cancer Hospital, El Camino Hospital of Los Gatos. Multiple medical offices, doctors and specialists as well as other medical centers. Very good Library and Police Department. Currently, there is a development of "The North Forty" which will include homes for retirees and low income citizens.
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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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