Minneapolis, MN 55422

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 3990 5270 $11,448 $2,013
(12.78% of returns)
$1,784
(6.52% of returns)
$5,331
$25,000 to $50,000 3680 5480 $34,452 $2,262
(14.4% of returns)
$7,468
(14.67% of returns)
$5,278
$50,000 to $75,000 2590 4240 $50,427 $3,186
(22.39% of returns)
$15,986
(17.76% of returns)
$5,683
$75,000 to $100,000 1660 3370 $57,390 $3,934
(33.13% of returns)
$20,030
(21.69% of returns)
$6,306
$100,000 to $200,000 2570 6290 $76,888 $5,085
(43.97% of returns)
$24,163
(17.9% of returns)
$7,308
Over $200,000 790 2080 $264,355 $27,694
(69.62% of returns)
$29,012
(20.25% of returns)
$12,078
For Zip 15280 26730 $61,219

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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