Minneapolis, MN 55441

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 2420 3000 $11,249 $1,702
(15.7% of returns)
$2,275
(6.61% of returns)
$6,677
$25,000 to $50,000 2200 3160 $33,722 $3,027
(15% of returns)
$7,670
(13.64% of returns)
$5,785
$50,000 to $75,000 1450 2370 $48,455 $3,414
(23.45% of returns)
$16,009
(22.76% of returns)
$6,317
$75,000 to $100,000 950 1890 $57,700 $4,540
(36.84% of returns)
$21,287
(25.26% of returns)
$7,066
$100,000 to $200,000 1850 4700 $79,595 $5,451
(48.11% of returns)
$25,514
(22.16% of returns)
$7,927
Over $200,000 870 2470 $227,350 $24,501
(74.71% of returns)
$29,464
(16.09% of returns)
$10,503
For Zip 9740 17590 $69,497

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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