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Byron
Byron
Minnesota
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There are also two Byron Townships in Minnesota. Byron is a city in Olmsted County, Minnesota, United States, approximately 5 miles west of Rochester on U.S. Route 14. It is surrounded by Kalmar Township. The population was 4,914 at the 2010 census. Local industries are in the form of farm services and printing. A grain elevator is situated next to the rail line that runs through town, which is owned by the Dakota, Minnesota and Eastern Railroad. Schmidt Printing (a subsidiary of Taylor Corporation) is another major company in town. Byron is also a bedroom community for nearby Rochester.

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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.

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