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Tofte
Tofte
Minnesota
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Tofte is an unincorporated community in Tofte Township, Cook County, Minnesota, United States. The community is located on the North Shore of Lake Superior. Tofte is located 27 miles southwest of the city of Grand Marais; and 56 miles northeast of the city of Two Harbors. Minnesota Highway 61 and Cook County Road 2 (Sawbill Trail) are two of the main routes in the community. Tofte is located within the Superior National Forest. Temperance River State Park, the Gitchi-Gami State Trail, the Superior Hiking Trail, and the Carlton Peak Lookout are all nearby. The communities of Schroeder and Taconite Harbor are immediately southwest of Tofte. A post office called Tofte has been in operation since 1897. The community was named for natives of Tofte, Norway.

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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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