Watkins, MN 55389

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 400 540 $10,206 $1,825
(10% of returns)
$1,866
(7.5% of returns)
$0
$25,000 to $50,000 300 510 $29,844 $2,100
(13.33% of returns)
$5,633
(20% of returns)
$6,200
$50,000 to $75,000 220 520 $37,880 $1,700
(18.18% of returns)
$13,900
(22.73% of returns)
$4,816
$75,000 to $100,000 170 480 $49,806 $4,550
(23.53% of returns)
$15,533
(17.65% of returns)
$6,228
$100,000 to $200,000 150 470 $70,864 $4,066
(40% of returns)
$16,200
(20% of returns)
$7,372
Over $200,000 30 70 $321,075 $0
(0% of returns)
$0
(0% of returns)
$0
For Zip 1270 2590 $42,650

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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