New Germany, MN 55367

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 140 140 $15,727 $800
(21.43% of returns)
$0
(0% of returns)
$0
$25,000 to $50,000 110 230 $23,461 $0
(0% of returns)
$7,825
(36.36% of returns)
$5,100
$50,000 to $75,000 100 220 $39,650 $1,200
(30% of returns)
$0
(0% of returns)
$6,225
$75,000 to $100,000 60 150 $56,170 $0
(0% of returns)
$25,700
(33.33% of returns)
$5,825
$100,000 to $200,000 80 260 $98,068 $3,333
(37.5% of returns)
$0
(0% of returns)
$9,550
For Zip 490 1000 $47,330

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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