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Lake George
Lake George
Minnesota
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Lake George is an unincorporated community and census-designated place (CDP) in Lake George Township, Hubbard County, Minnesota, United States. As of the 2010 census, its population was 230. The community is located along U.S. Highway 71 and State Highway 200 (MN 200) near Hubbard County Road 4. Nearby places include Laporte, Park Rapids, and Itasca State Park. Lake George has a post office with ZIP code 56458, which opened in 1903.

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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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