Yuma, Arizona - In its fifth annual study, SmartAsset analyzed sales, property, income, fuel and Social Security tax data to rank locations on how financially favorable they are for retirees. The study analyzes a retiree with $50,000 in annual income to see how much they will pay in income, property, sales and fuel taxes - see the table below for the cities that lead Arizona in retirement tax friendliness.
|
Rank |
City |
Income Tax Paid |
Property Tax Rate |
Sales Tax Paid |
Fuel Tax Paid |
Social Security Taxed? |
Retirement Tax Friendliness Index |
|
1 |
Williamson, AZ |
$4,794 |
0.60% |
$886 |
$103 |
Not Taxed |
65.02 |
|
2 |
Guadalupe, AZ |
$4,794 |
0.59% |
$886 |
$111 |
Not Taxed |
64.95 |
|
3 |
Village of Oak Creek (Big Park), AZ |
$4,794 |
0.65% |
$886 |
$122 |
Not Taxed |
64.09 |
|
4 |
Sun City, AZ |
$4,794 |
0.58% |
$997 |
$60 |
Not Taxed |
63.99 |
|
5 |
Doney Park, AZ |
$4,794 |
0.57% |
$886 |
$182 |
Not Taxed |
63.72 |
|
6 |
Sun City West, AZ |
$4,794 |
0.64% |
$997 |
$38 |
Not Taxed |
63.71 |
|
7 |
Sun Lakes, AZ |
$4,794 |
0.78% |
$886 |
$69 |
Not Taxed |
63.60 |
|
8 |
Saddlebrooke, AZ |
$4,794 |
0.82% |
$886 |
$54 |
Not Taxed |
63.57 |
|
9 |
Verde Village, AZ |
$4,794 |
0.77% |
$886 |
$128 |
Not Taxed |
62.51 |
|
10 |
Fortuna Foothills, AZ |
$4,794 |
0.81% |
$886 |
$111 |
Not Taxed |
62.49 |