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New Florence
New Florence
Missouri
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2 out of 5 stars based on 0 ratings
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New Florence is a city in Montgomery County, Missouri, United States. The population was 769 at the 2010 census. It includes a branch of Stone Hill Winery, based in Hermann, Missouri. From here to the St. Louis suburbs is the geographic area known as the Missouri Rhineland, first established as a center of vineyards by German immigrants in the mid-19th century. New Florence lies at the junction of Interstate 70 and State Highway 19. Highway 19 is accessible from Interstate 70 via Exit 175.

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Taxes

C+

How did Missouri earn the grade of C+? We examined the state taxes based on how age friendly they are. Missouri has a state sales tax of 4.23%. Of particular interest is that Missouri does have taxes on social security. There are no estate taxes. There are no taxes imposed on inheritance. Missouri has an effective property tax rate of 1.00%. Weighing these taxes and other taxes most likely to impact the aging population is how Missouri earned its state tax grade of C+.

Learn more about taxes in Missouri

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