Monticello, MN 55362

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 2870 3730 $10,951 $1,386
(8.01% of returns)
$1,886
(5.23% of returns)
$6,133
$25,000 to $50,000 2180 3600 $32,143 $1,937
(11.01% of returns)
$7,081
(15.14% of returns)
$5,885
$50,000 to $75,000 1480 3280 $44,353 $1,990
(14.86% of returns)
$15,979
(16.22% of returns)
$6,083
$75,000 to $100,000 1130 3080 $50,040 $2,530
(17.7% of returns)
$19,952
(18.58% of returns)
$6,864
$100,000 to $200,000 1630 5200 $69,248 $3,006
(28.22% of returns)
$24,042
(11.66% of returns)
$7,881
Over $200,000 310 930 $212,012 $15,422
(58.06% of returns)
$27,600
(9.68% of returns)
$11,148
For Zip 9600 19820 $48,001

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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