Minneapolis, MN 55438

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 2150 2700 $10,863 $1,726
(21.4% of returns)
$1,968
(8.84% of returns)
$6,075
$25,000 to $50,000 1870 2670 $33,471 $2,597
(20.32% of returns)
$7,781
(20.32% of returns)
$5,457
$50,000 to $75,000 1420 2180 $50,740 $4,195
(33.8% of returns)
$16,982
(28.87% of returns)
$5,566
$75,000 to $100,000 940 1810 $58,761 $6,170
(43.62% of returns)
$20,985
(37.23% of returns)
$6,490
$100,000 to $200,000 1990 4890 $79,655 $7,538
(57.79% of returns)
$26,325
(34.17% of returns)
$8,211
Over $200,000 1010 2740 $281,804 $38,140
(79.21% of returns)
$28,338
(25.74% of returns)
$10,695
For Zip 9380 16990 $83,144

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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