Best State To Retire In 2024 For Tax Purposes For Retirees. The minimum income tax rate of 10% is applicable on income of $11,600. Some states with lower taxes for retirees can have higher housing and transportation costs, canceling out any tax benefit.

The best state to retire in for tax purposes depends on an individual’s budget, lifestyle, and values. See how each state treats retirees when it comes to income, sales, property and other taxes.