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Little Falls
Little Falls
Minnesota
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Little Falls is a city in Morrison County, Minnesota, United States, near the geographic center of the state. Established in 1848, Little Falls is one of the oldest cities in Minnesota. It is the county seat of Morrison County. The population was 8,343 at the 2010 census. Little Falls is the location of the boyhood home of Charles Lindbergh. Just across from the home is Charles A. Lindbergh State Park, named after Lindbergh's father, prominent Minnesota lawyer and U.S. Congressman Charles August Lindbergh. The town was named after falls that were located on the Mississippi River, which travels through the town. Several attempts to build dams over the falls took place throughout the town's history, some of which powered saw mills in the nineteenth century. Today, the Little Falls Dam serves as a hydroelectric station that generates power for the surrounding area.

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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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