Minneapolis, MN 55412

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 4250 7520 $12,628 $1,505
(4.24% of returns)
$1,800
(2.35% of returns)
$4,372
$25,000 to $50,000 3440 6560 $34,136 $1,075
(5.81% of returns)
$6,808
(6.69% of returns)
$4,734
$50,000 to $75,000 1610 3000 $48,450 $1,347
(11.8% of returns)
$15,037
(9.94% of returns)
$4,944
$75,000 to $100,000 710 1540 $55,460 $2,207
(18.31% of returns)
$17,055
(12.68% of returns)
$5,885
$100,000 to $200,000 620 1520 $74,533 $2,360
(32.26% of returns)
$21,375
(12.9% of returns)
$6,187
Over $200,000 70 140 $207,260 $6,700
(42.86% of returns)
$0
(0% of returns)
$7,860
For Zip 10700 20280 $35,703

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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