Home / News / Local News / Houghton In Top 10 Tax Friendly Cities For Retirees

Houghton In Top 10 Tax Friendly Cities For Retirees

The national website SmartAsset ranks Houghton as one of the top 10 tax-friendly cities in Michigan.

In their fourth annual study, the website analyzed sales, property, income, fuel and Social Security tax data to rank locations on how friendly they are for retirees.

Houghton came in at number 8 on the list. Marquette was ranked number 3 with St. Louis, Michigan, in the heart of the Lower Peninsula, came in at number 1.

The table below shows which cities lead Michigan in retirement tax friendliness.

RankCityIncome Tax PaidProperty Tax RateSales Tax PaidFuel Tax PaidSocial Security Taxed?Retirement Tax Friendliness Index
1St. Louis, MI$5,3961.67%$937$210Not Taxed60.91
2Allendale, MI$5,3961.27%$937$431Not Taxed60.62
3Marquette, MI$5,3961.39%$937$394Not Taxed60.03
4Temperance, MI$5,3961.19%$937$510Not Taxed59.88
5Jenison, MI$5,3961.25%$937$498Not Taxed59.47
6Benton Harbor, MI$5,3961.66%$937$288Not Taxed59.26
7Byron Center, MI$5,3961.32%$937$483Not Taxed58.89
8Houghton, MI$5,3961.75%$937$260Not Taxed58.85
9Lambertville, MI$5,3961.29%$937$510Not Taxed58.71
10Fair Plain, MI$5,3961.46%$937$430Not Taxed58.50

Check Also

Report Scorecard Shows Majority of VA Medical Centers Have Improved

WASHINGTON — Using a web-based report scorecard that measures, evaluates and benchmarks quality and efficiency …