Minneapolis, MN 55429

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 4980 7900 $12,757 $1,737
(5.42% of returns)
$1,865
(4.62% of returns)
$4,980
$25,000 to $50,000 5160 10070 $32,981 $2,043
(5.81% of returns)
$7,363
(7.95% of returns)
$5,176
$50,000 to $75,000 2170 4650 $45,901 $2,075
(13.36% of returns)
$14,900
(13.36% of returns)
$5,346
$75,000 to $100,000 1040 2650 $52,006 $2,161
(20.19% of returns)
$19,955
(17.31% of returns)
$5,979
$100,000 to $200,000 820 2160 $69,405 $3,344
(32.93% of returns)
$23,694
(21.95% of returns)
$5,930
Over $200,000 60 130 $180,060 $18,133
(50% of returns)
$0
(0% of returns)
$7,625
For Zip 14230 27560 $34,935

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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