Find out how much it costs to live in Saint Paul.
State Income Tax:
Social Security Tax?
County + State Sales Tax
Property Tax Rate *
Property Tax Ranking (County Property Tax rank out of 2,773, higher rank=lower rate) *
Cost of Living Index (100=average):
Housing + transportation costs as % of income:
State Sales Tax Breaks for Seniors:
Tax burden: % income going to state and local taxes:
Minnesota has no inheritance tax. But it does have an estate tax with an exclusion of $1.4 million in 2015 and increasing gradually to $2 million in 2018. The maximum estate tax rate is 16%.\n
The Senior Citizen Property Tax Deferral Program allows people age 65 or older whose household income is $60000 or less to defer a portion of the property tax on their home. The program limits the maximum amount of property tax to 3% of total household income. The deferred tax is paid by the state to the county. Interest at an annually adjusted rate not to exceed 5% will be charged on this loan and a lien will attach to your property.\n
For more detailed tax information from Kiplinger, visit www.kiplinger.com/tool/retirement/T055-S001-state-by-state-guide-to-taxes-on-retirees/
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To learn more about real estate in Saint Paul book a visit and we'll help you find the right place to live.
GDP Growth Last 3 Years
Income Growth Last 3 Years
Employment Growth Last 3 Years