In list of the best states to pay taxes, Minnesota comes 33rd


This embed is invalid

Death and taxes are life's two certainties, and Minnesotans pay a little more of the latter.

The latest annual survey by WalletHub ranking each state based on how much state and local taxes its residents has to pay has Minnesota in 33rd place.

It found that Minnesotan households pay on average $6,140 in state and local taxes every year, which is 9 percent above the national average.

Considering the average U.S. household forks over $17,000 in federal taxes as well, this is a hefty outlay for Minnesotans (though not as bad as bottom-ranked Illinois, where households pay $7,719 in extra taxes.)

Sales tax accounts for the largest amount handed over the state coffers, with Minnesotans paying $2,212 on average a year, following by property taxes ($2,086), income tax ($1,546) and vehicle excise ($296).

While taxes are higher than average in Minnesota, another study by WalletHub last year finds that it pays for the best government services in the country.

WalletHub found that Minnesota ranked 17th on its best taxpayer ROI (return on investment) table, which declared Minnesota's government services to be number 1 in the United States.

Two years ago, Governor Mark Dayton and his cabinet raised taxes on Minnesota's higher earners (individuals earning over $150,000, couples earning $250,000), which had prompted fears that it would lead to richer residents fleeing the state.

But MPR reported in February that this hasn't materialized, with 6,230 more people filing in the top income tax bracket than expected in 2013.

Alaska has the cheapest taxes in the WalletHub rankings, with households paying just $2,993 a year on average.

Next Up

Screen Shot 2021-03-06 at 4.12.00 PM

Police seeking tips in search for road rage shooting suspect

The incident took place in Maplewood last week.

Paige Bueckers

Paige Bueckers lands on Wooden Award list for women's college basketball

The Hopkins grad is the only freshman on the 15-player ballot.

Jamal Mashburn Jr.

Gophers fall under .500 after OT loss to Rutgers

The Gophers are under .500 for the first time this season.

police tape, crime scene

Man arrested for killing of his father in Wabasha County

The 73-year-old man was found dead at a home in rural Zumbro Falls.

Jake Odorizzi

Report: Jake Odorizzi to sign with Astros

The former Twins pitcher is headed to Houston on a two-year deal.

covid-19, coronavirus

South African COVID-19 variant detected in Wisconsin

There have been no cases of the South African strain found in Minnesota.

Brian Dutcher

Could Brian Dutcher be Gophers target to replace Richard Pitino?

Dutcher's contract has a buyout clause that could lead him to Minnesota.

state patrol

Driver, 82, killed in Kandiyohi County crash involving semi

The elderly woman is a resident of Belgrade, Minnesota.