Minneapolis, MN 55421

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 5140 7740 $12,009 $1,560
(7.78% of returns)
$1,738
(5.06% of returns)
$5,200
$25,000 to $50,000 4770 8330 $32,746 $1,830
(8.81% of returns)
$6,935
(10.69% of returns)
$5,645
$50,000 to $75,000 2470 4700 $46,533 $3,100
(17.41% of returns)
$15,820
(16.19% of returns)
$5,268
$75,000 to $100,000 1340 2980 $53,999 $2,545
(26.12% of returns)
$20,233
(20.15% of returns)
$5,736
$100,000 to $200,000 1280 3260 $72,668 $5,377
(37.5% of returns)
$22,512
(19.53% of returns)
$6,341
Over $200,000 170 420 $230,416 $27,763
(64.71% of returns)
$24,900
(29.41% of returns)
$7,880
For Zip 15170 27430 $39,395

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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