Minneapolis, MN 55428

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 5040 7480 $11,848 $1,616
(8.33% of returns)
$1,741
(5.75% of returns)
$5,100
$25,000 to $50,000 4790 8600 $33,085 $1,965
(8.56% of returns)
$7,107
(11.69% of returns)
$5,387
$50,000 to $75,000 2470 4790 $46,420 $2,307
(17% of returns)
$16,084
(18.62% of returns)
$5,753
$75,000 to $100,000 1410 3440 $52,369 $2,634
(22.7% of returns)
$20,425
(19.86% of returns)
$6,188
$100,000 to $200,000 1540 4100 $70,965 $4,553
(35.06% of returns)
$24,061
(16.88% of returns)
$6,515
Over $200,000 140 370 $170,119 $11,850
(57.14% of returns)
$26,000
(21.43% of returns)
$7,760
For Zip 15390 28780 $39,149

`

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