Minneapolis, MN 55427

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 3520 4460 $11,271 $1,565
(12.5% of returns)
$1,878
(6.53% of returns)
$5,050
$25,000 to $50,000 3230 4840 $34,138 $2,569
(14.24% of returns)
$7,744
(14.55% of returns)
$5,528
$50,000 to $75,000 2200 3800 $48,977 $2,843
(23.18% of returns)
$16,482
(18.18% of returns)
$5,821
$75,000 to $100,000 1410 2910 $56,980 $3,779
(34.75% of returns)
$22,619
(21.99% of returns)
$6,292
$100,000 to $200,000 2390 6270 $75,568 $4,147
(43.51% of returns)
$25,302
(16.32% of returns)
$6,909
Over $200,000 490 1350 $175,149 $14,080
(73.47% of returns)
$28,300
(16.33% of returns)
$8,425
For Zip 13240 23630 $52,025

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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