Minneapolis, MN 55413

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 1970 2550 $13,111 $1,168
(9.64% of returns)
$1,837
(4.06% of returns)
$4,416
$25,000 to $50,000 2290 2980 $35,437 $1,916
(10.92% of returns)
$6,707
(5.68% of returns)
$5,400
$50,000 to $75,000 1390 1850 $54,051 $2,045
(22.3% of returns)
$14,620
(7.19% of returns)
$5,410
$75,000 to $100,000 660 990 $67,258 $3,413
(34.85% of returns)
$19,025
(12.12% of returns)
$5,986
$100,000 to $200,000 810 1580 $85,176 $4,291
(43.21% of returns)
$22,540
(12.35% of returns)
$7,213
Over $200,000 280 580 $252,346 $28,990
(75% of returns)
$23,820
(17.86% of returns)
$11,294
For Zip 7400 10530 $55,763

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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