Cannon Falls, MN 55009

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 1100 1380 $10,645 $985
(12.73% of returns)
$1,683
(5.45% of returns)
$6,750
$25,000 to $50,000 860 1290 $32,603 $1,969
(15.12% of returns)
$7,372
(20.93% of returns)
$6,245
$50,000 to $75,000 650 1290 $42,585 $2,435
(26.15% of returns)
$15,794
(27.69% of returns)
$6,120
$75,000 to $100,000 520 1260 $51,618 $2,262
(30.77% of returns)
$22,038
(25% of returns)
$7,408
$100,000 to $200,000 840 2370 $69,891 $3,629
(36.9% of returns)
$24,662
(19.05% of returns)
$7,665
Over $200,000 180 490 $218,421 $12,854
(61.11% of returns)
$29,175
(22.22% of returns)
$10,950
For Zip 4150 8080 $52,594

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Income Tax Rates

Rate Minimum Income Maximum Income
0.0535 0 25890
0.0705 25890 85060
0.0785 85060 160020
0.0985 160020 null

Property Tax Rates

Rate Rank (compared to Other States)
0.0111 19

Sales Tax Rates

State Rate Average Local Rate Combined Rate Rank (compared to Other States)
0.06875 0.0058 0.0746 18