Cost of Living in Plymouth
Plymouth's cost of living centers on a real, wide, disclosed housing-price spread and Minnesota's genuinely high state income tax, offset by the city's own lowest-comparable-city municipal tax rate and an above-national median household income.
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Learn moreA real, wide housing-cost spread
Plymouth home values carried a genuinely wide, disclosed spread this pass: Zillow's typical home value ran approximately $497,516 while Houzeo separately cited $642,500 -- confirm current listings directly given this real methodology variance.
Minnesota's genuinely high state income tax
Minnesota's real, 4-bracket state income tax runs 5.35% to 9.85% (on income over approximately $193,240 for single filers, 2026), with no local piggyback layer, applying to Plymouth as elsewhere in the state.
The city's own lowest-comparable-city tax rate claim
The City of Plymouth's own materials describe the city as carrying the lowest municipal tax rate of any comparable Twin Cities city -- distinct from Hennepin County's own overall effective property tax rate (~1.15%-1.19%), the highest in Minnesota.
Key takeaways
- Plymouth's housing costs carried a real, wide, disclosed spread ($471,333-$642,500) across sources reviewed this pass.
- Minnesota's state income tax (5.35%-9.85%) applies with no local Plymouth income tax add-on.
- Plymouth's own city tax rate runs the lowest of comparable cities, even as Hennepin County's overall rate runs highest in Minnesota.
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