Morgan Hill is a city in Santa Clara County, California, at the southern tip of Silicon Valley, in the San Francisco Bay Area. Morgan Hill is primarily an affluent residential community for Silicon Valley, as well as the seat for several high tech companies, including Anritsu, Flextronics, Velodyne LiDAR, and TenCate Advanced Composites. Morgan Hill is a prominent dining, entertainment, and recreational destination in Silicon Valley, owing to its Michelin star chefs, luxury hospitality, nature parks, and wineries. Morgan Hill is among the most expensive places to live in within the United States, due to its concentration of wealth, owing to its role as a prominent residential region for Silicon Valley.
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Taxes
C
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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