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Governor Walz announced that Minnesota was ranked the second best state to both retire and raise a family. The Wallet Hub studies ranked states on factors including affordability, health and safety, education and child care, and quality of life.
"I am proud to once again celebrate Minnesota as a top state to retire and to raise a family," said Governor Walz. "These rankings are a reflection of our commitment to invest in the things that matter – economic opportunity, health and safety, and building strong communities. These are investments that I will continue to protect as we work towards building the best state for all Minnesotans from childhood through retirement."
Governor Walz has made historic investments to increase child care access and affordability, bolster access to health care and mental health resources, provide universal school meals, reduce child poverty, and make life more affordable for working families.
In 2023, Governor Walz signed historic bipartisan elder abuse legislation to regulate assisted living centers and allocated direct funding for nursing homes across the state. The administration also cut state taxes on social security for most seniors, took action to significantly lower the cost of prescription drugs, and provided funding for public safety needs to combat crime and keep communities safe.
 Lieutenant Governor Flanagan visited a free tax preparation site in Duluth to encourage Minnesotans to file their taxes and claim the Child Tax Credit. In its inaugural year, more than 225,000 families claimed the Child Tax Credit, for an average total credit of $2,500. This tax credit put over $562 million into the budgets of Minnesota families in 2024.
"Our Child Tax Credit can help Minnesotans land on their feet when there’s a flat tire or emergency medical bill," said Lieutenant Governor Flanagan. "I went to Duluth to visit one of Minnesota's 170+ free tax preparation sites that are ready to help save Minnesotans up to $1,750 per child."
Governor Walz and Lieutenant Governor Flanagan announced in December that taxpayers who qualify for the Child Tax Credit will have the option to receive advance payments of the credit during the 2025 tax filing season. Minnesota is the first state in the nation to offer this option for Child Tax Credit recipients.
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