01 - Taxes
Retirement Tax Treatment
Minnesota exempts most middle-income retirees from Social Security taxes, with benefits only taxed above certain income thresholds.
Source · Tax Foundation
0
Fact text
- Shakopee hosts the Minnesota Renaissance Festival, an outdoor event recreating a fictional 16th-century 'England-like' fantasy kingdom, jousting and turkey legs for everyone.
- Canterbury Park in Shakopee is both a horse racetrack AND a card club, because apparently one form of gambling just wasn't enough.
- Burial mounds within Shakopee's Veterans Memorial Park are between 500 and 2,000 years old, making them some seriously ancient neighbors.
- The Landing is an 88-acre living history village on the Minnesota River that transports visitors back to Minnesota life between 1840 and 1890.
Your
Shakopee
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.
41423
+
Total Population
$
90642
Median Income
$
280500
Median Home
9
%
Age 65+
Retirement Suitability
How
Shakopee
ranks for retirees?
22
/ 100
A blended, sourced view of how this city ranks for retirees across tax, affordability, healthcare, and climate.
Tax
0
Affordability
73
Healthcare
9
Climate
7
Results
Shakopee
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
73
03 - Healthcare
Hospital Access & Quality
The area has
2
Medicare-certified hospitals, averaging a
3
/5 CMS quality rating.
Source · CMS Hospital Compare
3
04 - Climate
Weather & Comfort
A
Cold / Snowy
climate — summers peak near
81
°F, winters dip to about
10
°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 Low
Current Guaranteed Rates · Minnesota
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