by Leanne Loy
According to SmartAsset, an online source for consumer-focused financial information, St. Joseph falls within the top 10 cities of the most tax friendly cities to retire in. The study ranks cities across the country on a Retirement Tax Friendliness Index, which measures property, income, fuel, sales and Social Security tax data for each region.
View the table below to see who else made the list.
Rank | City, State | Income Tax Paid | Property Tax Rate | Sales Tax Paid | Fuel Tax Paid | Social Security Taxed? | Retirement Tax Friendliness Index |
1 | Hibbing, MN | $9,304 | 0.84% | $1,016 | $215 | Taxed | 8.89 |
2 | Grand Rapids, MN | $9,304 | 0.98% | $980 | $230 | Taxed | 7.69 |
3 | Lake Elmo, MN | $9,304 | 0.88% | $1,016 | $262 | Taxed | 7.55 |
4 | Oak Grove, MN | $9,304 | 0.91% | $980 | $278 | Taxed | 7.52 |
5 | Morris, MN | $9,304 | 0.99% | $980 | $258 | Taxed | 7.01 |
6 | Mendota Heights, MN | $9,304 | 0.99% | $980 | $274 | Taxed | 6.73 |
7 | Orono, MN | $9,304 | 1.02% | $980 | $257 | Taxed | 6.70 |
8 | Ham Lake, MN | $9,304 | 0.98% | $980 | $284 | Taxed | 6.68 |
9 | St. Joseph, MN | $9,304 | 1.11% | $980 | $217 | Taxed | 6.48 |
10 | Fergus Falls, MN | $9,304 | 0.97% | $1,051 | $234 | Taxed | 6.48 |