Minneapolis, MN 55414

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 5270 5940 $12,053 $1,387
(7.78% of returns)
$1,940
(0.95% of returns)
$5,625
$25,000 to $50,000 2810 3570 $33,233 $1,842
(11.74% of returns)
$7,281
(3.91% of returns)
$5,375
$50,000 to $75,000 1140 1530 $51,544 $2,680
(21.93% of returns)
$15,909
(9.65% of returns)
$4,846
$75,000 to $100,000 520 820 $64,590 $4,463
(36.54% of returns)
$20,580
(19.23% of returns)
$6,891
$100,000 to $200,000 770 1500 $88,139 $8,069
(55.84% of returns)
$27,900
(25.97% of returns)
$7,410
Over $200,000 430 900 $297,749 $41,684
(76.74% of returns)
$32,284
(30.23% of returns)
$12,232
For Zip 10940 14260 $48,837

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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