Minneapolis, MN 55447

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 2740 3370 $10,343 $1,790
(18.25% of returns)
$1,820
(7.3% of returns)
$5,728
$25,000 to $50,000 1970 3030 $32,582 $3,247
(18.27% of returns)
$7,853
(19.8% of returns)
$5,788
$50,000 to $75,000 1410 2370 $48,847 $3,885
(29.08% of returns)
$16,580
(25.53% of returns)
$6,229
$75,000 to $100,000 1080 2210 $58,319 $4,435
(38.89% of returns)
$22,100
(27.78% of returns)
$7,054
$100,000 to $200,000 2310 6190 $79,741 $5,621
(52.81% of returns)
$27,456
(22.08% of returns)
$8,698
Over $200,000 1390 4370 $224,433 $16,801
(73.38% of returns)
$29,825
(11.51% of returns)
$11,675
For Zip 10900 21540 $78,525

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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