Glencoe, MN 55336

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 1200 1650 $11,383 $1,300
(10% of returns)
$1,522
(7.5% of returns)
$5,633
$25,000 to $50,000 1110 1950 $30,922 $1,757
(12.61% of returns)
$7,500
(18.02% of returns)
$5,007
$50,000 to $75,000 680 1490 $41,035 $2,150
(23.53% of returns)
$14,770
(25% of returns)
$4,983
$75,000 to $100,000 480 1270 $47,664 $2,538
(27.08% of returns)
$20,709
(22.92% of returns)
$5,876
$100,000 to $200,000 510 1470 $67,164 $3,383
(35.29% of returns)
$24,210
(19.61% of returns)
$6,635
Over $200,000 70 160 $229,450 $17,660
(71.43% of returns)
$25,750
(28.57% of returns)
$7,775
For Zip 4050 7990 $41,158

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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