Minneapolis, MN 55404

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 5670 8980 $12,754 $1,621
(3.35% of returns)
$1,900
(1.23% of returns)
$5,875
$25,000 to $50,000 4020 7150 $32,079 $1,232
(6.22% of returns)
$6,718
(2.74% of returns)
$5,161
$50,000 to $75,000 1360 2250 $49,886 $1,866
(15.44% of returns)
$14,014
(5.15% of returns)
$4,975
$75,000 to $100,000 490 850 $63,408 $1,769
(26.53% of returns)
$20,825
(8.16% of returns)
$5,843
$100,000 to $200,000 510 960 $91,525 $4,973
(45.1% of returns)
$28,014
(13.73% of returns)
$7,411
Over $200,000 170 310 $298,488 $12,800
(70.59% of returns)
$0
(0% of returns)
$12,115
For Zip 12220 20500 $35,717

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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