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Albert Lea
Albert Lea
Minnesota
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Albert Lea is a city in Freeborn County, in the southeastern part of the State of Minnesota. It is also the county seat. Its population was 18,016 at the 2010 census. The city is at the junction of Interstates 35 and 90, about 90 miles (140 km) south of the Twin Cities. It is on the shores of Fountain Lake, Pickerel Lake, Albert Lea Lake, Goose Lake, School Lake, and Lake Chapeau. Fountain Lake and Albert Lea Lake are part of the Shell Rock River flowage. The city's early growth was based on agriculture, farming support services and manufacturing, and it was a significant rail center. At one time it was the site of Cargill's headquarters. Other manufacturing included Edwards Manufacturing (barn equipment), Scotsman Ice Machines, Streater Store fixtures, and Universal Milking Machines. As in many U.S. towns, Albert Lea's manufacturing base has substantially diminished. A longtime center of the city's job opportunity was the Wilson & Company meatpacking plant, later known as Farmstead and Farmland. This facility was destroyed by fire in July 2001. Albert Lea's largest employer is now Mayo Clinic Health System, with over 1,500 employees.

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The hospital is moving out and the nursing homes are too expensive

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Taxes

D

How did Minnesota earn the grade of D? We examined the state taxes based on how age friendly they are. Minnesota has a state sales tax of 6.88%. Of particular interest is that Minnesota does have taxes on social security. There are estate taxes. There are no taxes imposed on inheritance. Minnesota has an effective property tax rate of 1.17%. Weighing these taxes and other taxes most likely to impact the aging population is how Minnesota earned its state tax grade of D.

Learn more about taxes in Minnesota

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