Racine, MN 55967

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 120 100 $15,350 $0
(0% of returns)
$5,133
(25% of returns)
$0
$25,000 to $50,000 100 250 $21,284 $1,250
(40% of returns)
$0
(0% of returns)
$4,400
$50,000 to $75,000 70 140 $55,912 $2,450
(28.57% of returns)
$17,033
(42.86% of returns)
$0
$75,000 to $100,000 60 170 $44,600 $0
(0% of returns)
$0
(0% of returns)
$6,850
$100,000 to $200,000 100 300 $84,827 $5,933
(30% of returns)
$20,150
(20% of returns)
$7,557
For Zip 450 960 $45,780

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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