Minneapolis, MN 55417

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 3130 4030 $11,944 $1,845
(12.78% of returns)
$1,875
(6.39% of returns)
$5,447
$25,000 to $50,000 2850 4200 $34,642 $1,886
(15.79% of returns)
$7,037
(15.09% of returns)
$5,104
$50,000 to $75,000 2230 3480 $51,416 $2,301
(25.56% of returns)
$15,080
(16.14% of returns)
$5,604
$75,000 to $100,000 1660 3270 $59,755 $2,924
(34.94% of returns)
$19,089
(17.47% of returns)
$6,562
$100,000 to $200,000 2910 7490 $78,248 $3,751
(44.33% of returns)
$23,167
(12.71% of returns)
$7,686
Over $200,000 800 2330 $168,436 $12,298
(65% of returns)
$26,485
(8.75% of returns)
$9,917
For Zip 13580 24800 $59,638

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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