Plymouth, Minnesota: Money Magazine’s #1 Best Place to Live, August 2008 Issue
Some selected stats, however, may not bode well…
Plymouth, MN vs. Best Places Average
Sales Tax: 6.65 vs. 6.60% (Baseball in the freezing rain anyone?)
State Income Tax Rate: 7.85% vs. 5.17% (Highest Bracket)
State Income Tax Rate: 5.35% vs. 2.43% (Lowest Bracket) (That’s not a typo…their lowest is higher than the average highest)
Job Growth 7.89% vs. 18.72% (Anyone think taxes may have anything to do with this?)
Average Property Taxes $4526 vs. $3886
Topnotch schools, good jobs, affordable housing, low crime, an active outdoor culture – yep, they’re pretty much all here. Plymouth could have become just another Twin Cities suburb, but more than 50,000 jobs keep residents working there.
And they’re paying for it too!