Minneapolis, MN 55405

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 2520 3390 $13,126 $1,789
(11.51% of returns)
$2,166
(2.38% of returns)
$6,350
$25,000 to $50,000 2530 3330 $35,373 $2,638
(12.25% of returns)
$7,775
(4.74% of returns)
$5,983
$50,000 to $75,000 1200 1550 $55,196 $2,618
(22.5% of returns)
$15,320
(8.33% of returns)
$6,227
$75,000 to $100,000 550 870 $65,989 $4,611
(32.73% of returns)
$20,512
(14.55% of returns)
$6,221
$100,000 to $200,000 840 1710 $90,294 $10,188
(51.19% of returns)
$27,275
(14.29% of returns)
$8,778
Over $200,000 770 2100 $619,553 $58,733
(80.52% of returns)
$28,100
(14.29% of returns)
$15,508
For Zip 8410 12950 $122,537

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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