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Wayzata
Wayzata
Minnesota
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Wayzata ( wy-ZET-ə) is a city in Hennepin County, Minnesota, United States. It is in the western part of the Minneapolis–Saint Paul metro area. The name Wayzata is derived from a Lakota Sioux phrase meaning "North Shore". Located on the shores of Lake Minnetonka, the city is a popular tourist destination. As of the 2010 census, the population was 3,688. Wayzata has a growing economy, and Wayzata High School, located to the north in Plymouth, has been ranked by Newsweek on its list of the 1000 top public high schools in America.

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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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