Minneapolis, MN 55406

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 5070 6910 $12,399 $1,491
(11.24% of returns)
$1,941
(4.73% of returns)
$5,007
$25,000 to $50,000 4810 7340 $33,964 $2,263
(13.72% of returns)
$7,256
(12.06% of returns)
$4,971
$50,000 to $75,000 3160 5100 $50,740 $2,317
(24.05% of returns)
$14,531
(15.19% of returns)
$5,448
$75,000 to $100,000 2070 4010 $59,170 $2,943
(34.78% of returns)
$19,008
(16.43% of returns)
$6,039
$100,000 to $200,000 2850 6910 $77,498 $4,230
(47.02% of returns)
$22,190
(14.04% of returns)
$6,606
Over $200,000 620 1640 $179,535 $17,974
(69.35% of returns)
$29,125
(12.9% of returns)
$9,143
For Zip 18580 31910 $51,181

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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