01 - Taxes
Retirement Tax Treatment
Minnesota exempts most middle-income retirees from Social Security taxes, though higher earners in Orono may still owe some state tax on those benefits.
Source · Tax Foundation
0
Fact text
- Orono is named after a city in Maine, because an early resident was homesick enough to put it on the map.
- NBA star Kevin Garnett and Tour de France champion Greg LeMond both called tiny Orono home.
- Bruce Dayton, who lived here, founded B. Dalton bookstores AND led the company that became Target Corporation.
- Charles Pillsbury was a real Orono resident, and the inspiration for a character in the comic strip Doonesbury.
Your
Orono
Retirement Outlook — in 90 seconds
Hosted by Michael McMillan, President of Annuities.net
Every figure mentioned is drawn from the same sourced public data shown below — and the video updates as the data does.
8217
+
Total Population
$
169557
Median Income
$
763700
Median Home
19
%
Age 65+
Retirement Suitability
How
Orono
ranks for retirees?
27
/ 100
A blended, sourced view of how this city ranks for retirees across tax, affordability, healthcare, and climate.
Tax
0
Affordability
34
Healthcare
60
Climate
4
Results
Orono
Suitability Breakdown
02 - Income
Annuity Rates Available Here
Fixed annuity rates reach up to
7
% on 5-year terms, with most landing between
5
% and
5
%.
Source · Cannex
34
03 - Healthcare
Hospital Access & Quality
The area has
7
Medicare-certified hospitals, averaging a
4
/5 CMS quality rating.
Source · CMS Hospital Compare
4
04 - Climate
Weather & Comfort
A
Cold / Snowy
climate — summers peak near
80
°F, winters dip to about
8
°F, with roughly
″ of snow a year.
Source · NOAA Climate Normals
Cold / Snowy
05 - Risk
Natural Disaster Risk
FEMA's overall natural-disaster risk rating for this county on the National Risk Index.
Source · FEMA National Risk Index
Relatively High
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