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Gold in the News

Best Places to Retire

Money
Date: October 25, 2006
Five towns were selected by Money Magazine this year as the Best Places to Retire.

Walla Walla, Washington
Population: 30,000
Maximum income tax: 0%
Sales tax: 8.3%
Typical three-bedroom house: $275,000
Est. property tax: $3,500 to $4,100


St. Simons Island, Georgia
Population: 13,400
Maximum income tax: 6% on income over $10,000
Sales tax: 6%
Typical three-bedroom house: $360,000
Est. property tax: $3,600


Prescott, Arizona
Population: 40,400
Maximum income tax: 5% on income over $150,000
Sales tax: 8.3%
Typical three-bedroom house: $390,000
Est. property tax: $3,700


Holland, Michigan
Population: 34,600
Maximum income tax: 3.9% (flat)
Sales tax: 6%
Typical three-bedroom house: $160,000
Est. property tax: $2,700


Williamsburg, Virginia
Population: 11,800
Maximum income tax: 5.75% on income over $17,000
Sales tax: 5%
Typical three-bedroom house: $305,100
Est. property tax: $1,600

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