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Sep 7, 2021 · Dayton is considered one of the best places to live in Ohio. The pros of living in Dayton include affordable living, historical sites, an active community, increasing job opportunities, and an incredible beer and bar scene. The cons to living in Dayton include the cold weather, city taxes, and a higher poverty rate resulting in a higher crime rate.
May 23, 2024 · In the retirement rankings, U.S. News rated metro areas based on the following: Affordability 25% (largely measuring housing), “Happiness” 22% (largely crime, health and air quality), Health Care...
- Alaska. One of the states with no income tax, Alaska doesn't have estate or inheritance taxes, either. It does not have state sales tax, but local tax can easily result in higher total sales taxes than other states have, especially considering that groceries are also taxed.
- Alabama. One of several Sunbelt states on the list, Alabama retirees benefit from no state income tax on Social Security and pension income and relatively low property tax.
- Florida. The Sunshine State is a very popular place for retirees, and for good reason. It has no income tax on any income, median property taxes are on the lower end (and longtime residents can qualify for a large exemption), and it has low sales tax rates.
- Georgia. The Peach State joins neighbors Alabama and Florida with no tax on Social Security, estate, or inheritance tax. Like Florida, sales taxes are not particularly high, and property tax is generally low, based on median property values.
Ranking of best places for retirees in Dayton Area based on livability for the retirement population and access to healthcare and entertainment.
Like any city, it has its share of downsides, including job market challenges, crime, and adverse weather conditions, but with careful planning and preparation, the benefits of living in Dayton outweigh the negatives. What are some of the pros and cons of Dayton Ohio’s economy?
Mar 13, 2024 · Is Ohio a good place to retire? The affordable housing market makes Ohio a desirable place to retire, but the harsh winters and humid summers keep many folks at bay. In terms of taxes while retiring in Ohio, Social Security income is fully exempt, while other retirement income (pensions, 401K) are subject to state income tax.
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Ohio is a moderately tax-friendly state for retirees. While the state exempts Social Security from state income taxes, other retirement incomes like pensions and 401(k) distributions are taxed as regular income at the state income tax rates but may still qualify for tax credits.