Minneapolis, MN 55416

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 3750 4400 $11,697 $1,945
(19.73% of returns)
$1,835
(5.33% of returns)
$6,012
$25,000 to $50,000 4320 5360 $35,700 $2,957
(18.98% of returns)
$7,668
(11.81% of returns)
$5,888
$50,000 to $75,000 3450 4360 $56,584 $3,263
(29.57% of returns)
$16,522
(13.91% of returns)
$6,385
$75,000 to $100,000 2020 3160 $68,696 $4,675
(41.09% of returns)
$20,352
(20.79% of returns)
$6,944
$100,000 to $200,000 3370 7150 $89,774 $6,784
(52.23% of returns)
$24,581
(18.99% of returns)
$8,737
Over $200,000 2270 5990 $341,671 $34,244
(76.65% of returns)
$28,279
(14.98% of returns)
$13,571
For Zip 19180 30420 $100,675

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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