Minneapolis, MN 55432

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 5250 7660 $12,139 $1,497
(7.62% of returns)
$1,750
(6.1% of returns)
$5,063
$25,000 to $50,000 4950 8600 $32,474 $2,501
(10.51% of returns)
$7,298
(13.54% of returns)
$5,633
$50,000 to $75,000 2750 5310 $45,999 $2,370
(20% of returns)
$16,046
(19.64% of returns)
$5,439
$75,000 to $100,000 1620 3760 $52,558 $2,993
(27.78% of returns)
$21,705
(24.07% of returns)
$6,359
$100,000 to $200,000 1710 4290 $71,293 $5,183
(39.77% of returns)
$23,842
(23.39% of returns)
$6,445
Over $200,000 230 600 $190,785 $16,033
(65.22% of returns)
$30,116
(26.09% of returns)
$7,573
For Zip 16510 30220 $40,784

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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