Managed by the Age Friendly Foundation
sponsor messages
Senior Living Communities
Explore Home Care Options Near You
Consider the benefits of an in-home caregiver. Care can range from 1 hour a day, to a few hours a week, to full time. Connect to a trusted provider today.
Find a Financial Professional Near You
With 9,000 financial professionals available across the nation and 4,500 on MassMutual.com, MassMutual is committed to helping you secure your future.
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