Minneapolis, MN 55442

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 1660 1930 $10,907 $1,671
(19.28% of returns)
$1,985
(8.43% of returns)
$4,533
$25,000 to $50,000 1340 1830 $33,738 $3,140
(18.66% of returns)
$7,876
(18.66% of returns)
$5,345
$50,000 to $75,000 980 1510 $50,152 $3,582
(28.57% of returns)
$16,245
(24.49% of returns)
$6,178
$75,000 to $100,000 700 1410 $56,095 $4,389
(40% of returns)
$23,086
(31.43% of returns)
$7,051
$100,000 to $200,000 1700 4320 $79,317 $5,154
(49.41% of returns)
$26,165
(22.35% of returns)
$8,129
Over $200,000 790 2220 $201,441 $13,715
(72.15% of returns)
$25,311
(11.39% of returns)
$9,924
For Zip 7170 13220 $72,412

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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