Hennepin County is the most populous in the state, and more than one in five Minnesota residents live in Hennepin County. The county seat is Minneapolis and the state’s most populous city. The state of Minnesota has moderately cold winters and low taxes, which are a financial priority for older adults in retirement. Independent living communities include affordable senior living, senior apartment communities, and condos, retirement homes, and continuing care retirement communities. Living in an independent community is an excellent option for seniors who are still active and looking for additional benefits. When searching for independent living in Hennepin County, Minnesota, it is a good idea to have a budget in mind. Also, most seniors choose to live close to the amenities they need, such as public transit, shops, churches, healthcare, and grocery stores. Independent living is often maintenance-free living, which is one of the most sought after perks of senior living. These are the freedoms from chores associated with homeownership.
Most seniors will reach a time in their life where they will need extra assistance with the tasks of daily living. The state of Minnesota does not currently license assisted living as a distinct category. In 2019, the state legislature passed a bill that will license two levels of assisted living, assisted living facilities, and other forms of extended care. Within the state, these homes are referred to as comprehensive home care providers in registered housing with services establishment. The benefit of assisted living is providing residents with the care and support they need to enjoy life. When searching for assisted living in the county or state, it is a good idea to speak to the facility and determine the level of care needed. Assisted living facilities provide varying levels of care, but it is essential to ensure your loved one receives the care they need.
Benefits of Retirement and Senior Living in Minnesota
The state of Minnesota has relatively warm winters and low taxes. The state is one of few states that tax Social Security Income. Also, the state taxes other forms of retirement income while providing no deduction or exemption for seniors. When you retire in Minnesota, you will expect to pay taxes on your retirement income from 5.35% to 9.85%. The sales taxes in the state are relatively high, while property taxes are close to average. The statewide sales tax rate in Minnesota is 6.88%, which is the sixth-highest statewide rate in the nation. Senior living helps residents to live maintenance-free, which means not having the responsibility of maintaining a home. Also, senior living communities are all-inclusive rent, and the overall cost of moving into a community can also be financially beneficial. Seniors also benefit from proper nutrition, and many communities also employ dietitians with a focus on senior nutrition.
List of Senior Living Communities in Hennepin County, Minnesota
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