Minneapolis, MN 55445

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 1800 2520 $11,508 $1,316
(6.67% of returns)
$1,855
(5% of returns)
$6,687
$25,000 to $50,000 1710 3050 $33,330 $2,050
(8.19% of returns)
$7,322
(10.53% of returns)
$5,919
$50,000 to $75,000 1040 2090 $48,076 $2,135
(13.46% of returns)
$15,600
(15.38% of returns)
$6,158
$75,000 to $100,000 630 1660 $53,774 $3,253
(20.63% of returns)
$19,172
(17.46% of returns)
$7,073
$100,000 to $200,000 1030 3010 $74,357 $2,702
(33.98% of returns)
$23,813
(14.56% of returns)
$8,553
Over $200,000 290 910 $210,955 $6,275
(55.17% of returns)
$0
(0% of returns)
$12,764
For Zip 6500 13240 $52,993

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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