New Ulm, MN 56073

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 2740 3600 $10,902 $1,300
(16.79% of returns)
$1,766
(6.57% of returns)
$3,760
$25,000 to $50,000 2270 3630 $31,152 $1,634
(22.91% of returns)
$6,666
(22.03% of returns)
$4,031
$50,000 to $75,000 1450 3040 $41,197 $2,668
(34.48% of returns)
$15,285
(28.28% of returns)
$4,080
$75,000 to $100,000 970 2570 $47,377 $2,823
(43.3% of returns)
$19,089
(29.9% of returns)
$5,436
$100,000 to $200,000 1030 2870 $69,470 $4,905
(50.49% of returns)
$23,850
(25.24% of returns)
$5,778
Over $200,000 210 570 $198,889 $21,086
(71.43% of returns)
$25,540
(23.81% of returns)
$7,507
For Zip 8670 16280 $41,659

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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