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Schroeder
Schroeder
Minnesota
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4 out of 5 stars based on 0 ratings
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Schroeder is an unincorporated community in Schroeder Township, Cook County, Minnesota, United States. The community is located on the North Shore of Lake Superior. The Cross River flows through the heart of Schroeder. Schroeder is located 30 miles southwest of the city of Grand Marais; and 53 miles northeast of the city of Two Harbors. Minnesota Highway 61 serves as a main route in the community. Temperance River State Park and the Superior Hiking Trail are both nearby.

Managed by the Age Friendly Foundation

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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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