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Cannon Falls
Cannon Falls
Minnesota
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Cannon Falls is a city in Goodhue County, Minnesota, United States. The population was 4,083 at the 2010 census. Located along U.S. Route 52 to the southeast of the Twin Cities, Cannon Falls may be best known as the home of Pachyderm Studio, where many famous musicians have recorded their music. Nirvana is probably the best known band to use the site. The group recorded In Utero at the studio. Cannon Falls is named for the falls along the Cannon River and serves as the western trailhead for the Cannon Valley Trail. Colonel William J. Colvill, a hero of the Battle of Gettysburg, is buried in the Cannon Falls Cemetery. Two American presidents have visited the city. The first, Calvin Coolidge, visited in 1928 to dedicate the memorial erected in honor of Colonel Colvill. The second, Barack Obama, visited on August 15, 2011, to kick off the first day of his campaign for a second term.

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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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