Minneapolis, MN 55409

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 1660 2250 $12,727 $1,610
(12.05% of returns)
$1,957
(4.22% of returns)
$5,850
$25,000 to $50,000 1720 2620 $34,417 $2,600
(12.21% of returns)
$7,226
(8.72% of returns)
$5,278
$50,000 to $75,000 1020 1600 $53,070 $3,234
(22.55% of returns)
$15,433
(11.76% of returns)
$5,996
$75,000 to $100,000 620 1160 $61,746 $4,557
(30.65% of returns)
$19,600
(16.13% of returns)
$6,382
$100,000 to $200,000 960 2390 $80,465 $4,671
(46.88% of returns)
$22,866
(12.5% of returns)
$7,676
Over $200,000 360 1040 $241,374 $20,084
(72.22% of returns)
$23,400
(13.89% of returns)
$10,793
For Zip 6340 11060 $62,371

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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