Minneapolis, MN 55423

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 5620 7700 $12,183 $1,792
(10.14% of returns)
$1,872
(5.87% of returns)
$5,408
$25,000 to $50,000 5640 9900 $32,835 $2,572
(11.7% of returns)
$7,030
(13.48% of returns)
$5,336
$50,000 to $75,000 3560 6570 $47,907 $2,914
(21.63% of returns)
$15,602
(19.1% of returns)
$5,766
$75,000 to $100,000 2200 4750 $55,550 $3,439
(29.09% of returns)
$19,472
(19.55% of returns)
$6,410
$100,000 to $200,000 2510 6110 $74,060 $3,967
(40.64% of returns)
$23,724
(17.93% of returns)
$6,657
Over $200,000 320 830 $194,556 $14,575
(62.5% of returns)
$27,750
(18.75% of returns)
$8,230
For Zip 19850 35860 $44,759

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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