Minneapolis, MN 55418

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 4560 6250 $12,621 $1,897
(10.53% of returns)
$1,652
(5.48% of returns)
$4,833
$25,000 to $50,000 4540 6510 $34,078 $1,942
(12.56% of returns)
$7,238
(10.35% of returns)
$5,415
$50,000 to $75,000 2930 4590 $50,304 $2,307
(21.84% of returns)
$14,705
(13.31% of returns)
$5,633
$75,000 to $100,000 1710 3380 $58,310 $2,673
(30.99% of returns)
$18,900
(15.79% of returns)
$6,090
$100,000 to $200,000 2520 6250 $76,580 $3,975
(41.27% of returns)
$23,046
(11.9% of returns)
$6,908
Over $200,000 510 1410 $187,729 $15,163
(70.59% of returns)
$24,485
(13.73% of returns)
$8,071
For Zip 16770 28390 $50,424

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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