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Grand Rapids, Minnesota Retirement Guide
established retirement community
67
Retirement Score
Grand Rapids, Minnesota at a Glance
- Median Home Price
- $188,100
- State Income Tax
- State income tax; Social Security and retirement income have income-based partial exemptions.
- Avg January Low
- 17.9°F
- Cost of Living Index
- 97.5 (US avg = 100)
- Best For
- established retirement community
- RetireCityIQ Score
- 67 / 100
Retirement Data
Affordability
Cost of Living Index
97.5 (U.S. avg = 100)Medium confidence
BEA Regional Price Parities · Updated March 2026
Median Home Price
$188,100High confidence
U.S. Census ACS 5-Year · Updated April 2026
Median Monthly Rent
$946High confidence
U.S. Census ACS 5-Year · Updated April 2026
Taxes
Retirement Tax Score
30 / 100Medium confidence
Tax Foundation · Updated March 2026
Tax Details
State income tax; Social Security and retirement income have income-based partial exemptions.Medium confidence
Tax Foundation · Updated March 2026
Retiree Readiness (Sprint 2)
Care Access Score (proxy)
100 / 100High confidence
RetireCityIQ proxy model · Updated April 2026
Aging-in-Place Score (proxy)
55.9 / 100High confidence
RetireCityIQ proxy model · Updated April 2026
Healthcare
Healthcare Access Score
100 / 100Medium confidence
CMS Hospital General Information · Updated March 2026
Climate
Avg July High
81.8°FMedium confidence
Open-Meteo Historical Weather (ERA5) · Updated March 2026
Avg January Low
17.9°FMedium confidence
Open-Meteo Historical Weather (ERA5) · Updated March 2026
Annual Precipitation
38.3"Medium confidence
Open-Meteo Historical Weather (ERA5) · Updated March 2026
Sunny Days / Year
242 daysMedium confidence
Open-Meteo Historical Weather (ERA5) · Updated March 2026
Safety
Safety Score
100 / 100Medium confidence
FBI Crime Data Explorer · Updated March 2026
Walkability
Walk Score (proxy)
32 / 100Medium confidence
U.S. Census ACS 5-Year (B08301) · Updated March 2026
Transit Score (proxy)
9.9 / 100Medium confidence
U.S. Census ACS 5-Year (B08301) · Updated March 2026
Demographics
Population
11,158High confidence
U.S. Census ACS 5-Year · Updated April 2026
Median Age
43.2High confidence
U.S. Census ACS 5-Year · Updated April 2026
Age 65+
24.1%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Median Household Income
$53,317High confidence
U.S. Census ACS 5-Year · Updated April 2026
Community Profile
Owner-Occupied Housing
61.2%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Veterans
7.0%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Bachelor's Degree+
28.2%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Poverty Rate
17.0%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Diversity
White
90.9%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Black
1.1%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Hispanic/Latino
1.5%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Asian
0.1%High confidence
U.S. Census ACS 5-Year · Updated April 2026
10-Year Housing Stress Test (Estimate)
Estimate monthly homeowner carrying cost in Grand Rapids using median home price and adjustable assumptions. Stress case applies +10% property tax, +20% insurance, +10% maintenance.
Estimated monthly carrying cost
$408
Stress-case monthly carrying cost
$458
Median home price used: $188,100
Median rent reference: $946 / month
Estimate includes property tax, insurance, maintenance reserve, and HOA. It excludes mortgage, utilities, and one-time transaction costs.