Preston, MN 55965

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 360 520 $10,674 $825
(11.11% of returns)
$3,150
(5.56% of returns)
$0
$25,000 to $50,000 250 480 $27,894 $1,500
(12% of returns)
$5,560
(20% of returns)
$0
$50,000 to $75,000 170 360 $38,911 $4,175
(23.53% of returns)
$14,980
(29.41% of returns)
$4,075
$75,000 to $100,000 130 350 $47,258 $2,333
(23.08% of returns)
$23,100
(23.08% of returns)
$6,450
$100,000 to $200,000 150 410 $70,375 $3,750
(53.33% of returns)
$24,400
(33.33% of returns)
$6,425
Over $200,000 20 40 $204,100 $0
(0% of returns)
$0
(0% of returns)
$0
For Zip 1080 2160 $39,869

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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