Reno ( REE-noh) is a city in the U.S. state of Nevada. It is in Northern Nevada, approximately 22 miles (35 km) from Lake Tahoe. Known as "The Biggest Little City in the World", Reno is famous for its hotels and casinos and as the birthplace of Harrah's Entertainment (now known as Caesars Entertainment Corporation). It is the county seat of Washoe County, in the northwestern part of the state. The city sits in a high desert at the foot of the Sierra Nevada and its downtown area (along with Sparks) occupies a valley informally known as the Truckee Meadows. It is named after slain Union general Jesse L. Reno. Reno is the most populous Nevada city outside the Las Vegas Valley, with an estimated population of 241,445 in 2015. Reno is part of the Reno–Sparks metropolitan area, which consists of all of both Washoe and Storey counties and has a 2016 estimated population of 457,667.
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How did Nevada earn the grade of A? We examined the state taxes based on how age friendly they are. Nevada has a state sales tax of 6.85%. Of particular interest is that Nevada does not have taxes on social security. There are no estate taxes. There are no taxes imposed on inheritance. Nevada has an effective property tax rate of 0.77%. Weighing these taxes and other taxes most likely to impact the aging population is how Nevada earned its state tax grade of A.
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