Elk River, MN 55330

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 5340 6660 $10,486 $1,254
(10.3% of returns)
$1,964
(6.37% of returns)
$5,666
$25,000 to $50,000 3980 6370 $31,917 $1,896
(12.56% of returns)
$7,302
(16.83% of returns)
$5,692
$50,000 to $75,000 3010 6060 $45,302 $2,214
(15.61% of returns)
$15,910
(18.94% of returns)
$6,366
$75,000 to $100,000 2470 6520 $51,311 $2,133
(21.46% of returns)
$20,587
(19.43% of returns)
$7,047
$100,000 to $200,000 4360 13560 $72,222 $2,550
(28.44% of returns)
$23,150
(11.7% of returns)
$8,275
Over $200,000 850 2770 $170,910 $8,027
(50.59% of returns)
$26,214
(8.24% of returns)
$10,220
For Zip 20010 41940 $51,865

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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