Minneapolis, MN 55434

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 4650 6290 $11,690 $1,094
(7.31% of returns)
$1,662
(6.24% of returns)
$5,035
$25,000 to $50,000 4320 7220 $32,527 $1,471
(9.03% of returns)
$7,430
(13.89% of returns)
$5,760
$50,000 to $75,000 2890 5910 $44,780 $1,654
(15.22% of returns)
$15,626
(17.99% of returns)
$5,876
$75,000 to $100,000 1790 4380 $51,675 $1,819
(23.46% of returns)
$20,427
(20.11% of returns)
$6,600
$100,000 to $200,000 2050 5920 $69,030 $2,415
(28.29% of returns)
$23,828
(13.66% of returns)
$7,126
Over $200,000 210 630 $168,210 $5,872
(52.38% of returns)
$20,066
(14.29% of returns)
$7,687
For Zip 15910 30350 $41,656

`

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