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Minnesota

D+4  ·  High tax burden  ·  COL index 95

D

9.85%

Income Tax

286

Violent Crime / 100K

79.4

Life Expectancy

$335K

Median Home

$1,450

Childcare / Mo

State Profile

76/100
255075100TAXES42SAFETY73HEALTH98SCHOOLS86AFFORDABLE81LONGEVITY78

Taxes

Income Tax

9.85% top

Property Tax

~$3,417/yr on median home

1.02% / yr

Sales Tax

7.42% avg

Social Security

Taxed

Pension / IRA

Partial

Estate Tax

Yes — $3M exemption

Inheritance Tax

None

Capital Gains

Taxed as income

Housing & Cost of Living

Cost of Living Index

National avg = 100

95

Median Home Price

$335,000

Median Rent (2BR)

$1,450/mo

Home Insurance

$1,700/yr

Homestead Exemption

Home equity protected from creditors

$500,000

Asset Protection

Strong

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Crime & Safety

Violent Crime Rate

Near national avg

286 / 100K

Property Crime Rate

Near national avg

2,094 / 100K

Traffic Fatality Rate

7.4 / 100K

Healthcare

State Healthcare Rank

Top tier

#2 of 50

Life Expectancy

Above national avg (76.4)

79.4 yrs

Medicaid Expansion

Expanded

Uninsured Rate

Well below national avg

4.5%

Education

K-12 Quality Rank

Top 10 nationally

#8 of 50

School Choice / Vouchers

Not Available

Childcare

Avg Infant Care (Full-Time)

$1,450/mo

Transportation

Car Insurance (Avg Annual)

$1,430

Traffic Fatality Rate

7.4 / 100K

Broadband Access

87% of households

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Social & Legal

Abortion Access

State constitutional right; legal with no gestational limit

Protected

LGBTQ+ Protections

Comprehensive

Marijuana

Recreational

Minimum Wage

$10.85/hr

Right to Work

No

Environment & Climate

Air Quality (Annual AQI)

Near national avg

32

Natural Disaster Risk

Moderate

Primary Hazards

blizzardtornadoflood

Politics & Gun Laws

2024 Presidential Vote

D+4

Gun Law Grade

Source: Giffords Law Center

B

Carry Permit

Shall-issue

Purchase Permit Required

Yes

Gambling

Legal

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Data is informational only. Verify with a tax professional, real estate agent, and local sources before making relocation decisions. Crime data: FBI UCR ~2022. Healthcare: Commonwealth Fund / US News ~2023. Education: Education Week ~2023. Housing: Zillow / Census ACS ~2024. Insurance: rate surveys ~2024. Sponsored links marked “Sponsored” may earn a commission. This does not affect our data or rankings.