Newport, MN 55055

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 570 760 $11,135 $833
(5.26% of returns)
$1,933
(5.26% of returns)
$5,300
$25,000 to $50,000 550 960 $32,600 $1,520
(9.09% of returns)
$7,216
(10.91% of returns)
$4,800
$50,000 to $75,000 280 590 $43,226 $2,720
(17.86% of returns)
$14,650
(21.43% of returns)
$5,500
$75,000 to $100,000 200 490 $53,265 $1,975
(20% of returns)
$22,800
(15% of returns)
$6,140
$100,000 to $200,000 200 510 $74,124 $2,487
(40% of returns)
$23,060
(25% of returns)
$7,215
Over $200,000 40 100 $170,300 $13,633
(75% of returns)
$0
(0% of returns)
$8,666
For Zip 1840 3410 $42,928

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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