Madelia, MN 56062

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 500 690 $10,743 $966
(6% of returns)
$2,750
(4% of returns)
$0
$25,000 to $50,000 470 910 $30,754 $1,140
(10.64% of returns)
$6,762
(17.02% of returns)
$4,000
$50,000 to $75,000 280 620 $40,758 $2,550
(14.29% of returns)
$15,740
(17.86% of returns)
$5,100
$75,000 to $100,000 160 420 $48,824 $1,850
(25% of returns)
$19,425
(25% of returns)
$4,950
$100,000 to $200,000 120 350 $72,437 $4,960
(41.67% of returns)
$25,966
(25% of returns)
$6,200
Over $200,000 20 60 $179,250 $0
(0% of returns)
$0
(0% of returns)
$0
For Zip 1550 3050 $37,584

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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