Minneapolis, MN 55411

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 6200 12180 $12,632 $1,130
(1.61% of returns)
$1,833
(1.45% of returns)
$6,688
$25,000 to $50,000 3850 9030 $31,826 $1,461
(3.38% of returns)
$6,578
(4.94% of returns)
$5,078
$50,000 to $75,000 1230 2800 $47,032 $1,045
(8.94% of returns)
$14,215
(10.57% of returns)
$5,137
$75,000 to $100,000 530 1280 $56,261 $2,177
(16.98% of returns)
$17,212
(15.09% of returns)
$6,172
$100,000 to $200,000 400 960 $77,060 $3,100
(27.5% of returns)
$22,711
(22.5% of returns)
$6,615
Over $200,000 70 160 $334,900 $9,833
(42.86% of returns)
$0
(0% of returns)
$8,966
For Zip 12280 26410 $30,444

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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