Minneapolis, MN 55435

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 1790 2230 $11,026 $2,681
(21.23% of returns)
$2,073
(10.61% of returns)
$5,662
$25,000 to $50,000 1540 2120 $33,829 $3,780
(23.38% of returns)
$7,965
(26.62% of returns)
$4,275
$50,000 to $75,000 1150 1680 $52,094 $5,605
(31.3% of returns)
$16,156
(32.17% of returns)
$4,403
$75,000 to $100,000 830 1490 $59,670 $7,132
(40.96% of returns)
$21,162
(34.94% of returns)
$4,954
$100,000 to $200,000 1250 2750 $84,628 $10,949
(53.6% of returns)
$24,112
(32.8% of returns)
$8,451
Over $200,000 800 2220 $237,569 $33,381
(72.5% of returns)
$27,357
(23.75% of returns)
$13,325
For Zip 7360 12490 $76,059

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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