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Venice
Venice
California
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3.5 out of 5 stars based on 0 ratings
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Venice is a residential, commercial, and recreational beachfront neighborhood within Los Angeles, California. It is located within the urban region of western Los Angeles County known as the Westside. Venice was founded in 1905 as a seaside resort town. It was an independent city until 1926, when it merged with Los Angeles. Today, Venice is known for its canals, beaches, and the circus-like Ocean Front Walk, a two-and-a-half-mile (4.0 km) pedestrian promenade that features performers, mystics, artists and vendors.

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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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