Montrose, MN 55363

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 680 960 $11,266 $920
(7.35% of returns)
$1,466
(4.41% of returns)
$5,800
$25,000 to $50,000 600 1010 $31,650 $740
(8.33% of returns)
$6,314
(11.67% of returns)
$5,260
$50,000 to $75,000 450 1080 $41,813 $1,520
(11.11% of returns)
$13,733
(13.33% of returns)
$6,187
$75,000 to $100,000 300 920 $48,905 $680
(16.67% of returns)
$16,933
(10% of returns)
$6,918
$100,000 to $200,000 310 970 $69,239 $4,550
(25.81% of returns)
$21,433
(9.68% of returns)
$7,533
Over $200,000 30 100 $181,850 $0
(0% of returns)
$0
(0% of returns)
$12,250
For Zip 2370 5040 $41,328

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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