Minneapolis, MN 55430

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 4010 6510 $12,666 $1,427
(4.49% of returns)
$1,787
(3.99% of returns)
$5,041
$25,000 to $50,000 4280 8560 $33,213 $1,300
(5.61% of returns)
$6,574
(8.18% of returns)
$5,112
$50,000 to $75,000 1810 3990 $45,896 $2,085
(11.05% of returns)
$14,295
(13.26% of returns)
$5,310
$75,000 to $100,000 810 2040 $53,713 $3,960
(18.52% of returns)
$20,283
(14.81% of returns)
$5,702
$100,000 to $200,000 580 1480 $72,056 $3,366
(31.03% of returns)
$20,618
(18.97% of returns)
$6,300
Over $200,000 50 110 $170,575 $7,700
(40% of returns)
$0
(0% of returns)
$5,475
For Zip 11540 22690 $34,726

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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