Minneapolis, MN 55444

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 2500 3480 $12,146 $1,507
(5.2% of returns)
$1,720
(4% of returns)
$5,980
$25,000 to $50,000 2630 4980 $33,438 $1,395
(7.98% of returns)
$7,200
(9.13% of returns)
$5,824
$50,000 to $75,000 1410 3120 $46,819 $1,538
(14.89% of returns)
$15,305
(12.77% of returns)
$5,967
$75,000 to $100,000 920 2400 $52,253 $1,838
(22.83% of returns)
$20,505
(18.48% of returns)
$6,293
$100,000 to $200,000 1040 2930 $69,382 $3,381
(35.58% of returns)
$22,652
(16.35% of returns)
$6,505
Over $200,000 100 270 $215,544 $8,380
(50% of returns)
$0
(0% of returns)
$9,071
For Zip 8600 17180 $42,502

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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