Minneapolis, MN 55424

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 1050 1120 $9,328 $2,122
(34.29% of returns)
$2,300
(3.81% of returns)
$9,033
$25,000 to $50,000 410 570 $32,208 $4,933
(36.59% of returns)
$7,500
(21.95% of returns)
$7,657
$50,000 to $75,000 310 490 $51,105 $5,046
(41.94% of returns)
$16,710
(32.26% of returns)
$8,110
$75,000 to $100,000 260 510 $61,542 $7,428
(53.85% of returns)
$21,350
(38.46% of returns)
$8,650
$100,000 to $200,000 840 2140 $87,809 $11,750
(60.71% of returns)
$27,260
(27.38% of returns)
$10,772
Over $200,000 1730 5900 $380,891 $31,544
(80.92% of returns)
$31,680
(8.67% of returns)
$19,372
For Zip 4600 10730 $206,796

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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