Springfield, MN 56087

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 510 680 $10,815 $971
(13.73% of returns)
$1,775
(7.84% of returns)
$2,800
$25,000 to $50,000 370 680 $30,031 $2,316
(16.22% of returns)
$6,200
(27.03% of returns)
$0
$50,000 to $75,000 240 530 $40,421 $2,150
(25% of returns)
$14,914
(29.17% of returns)
$3,066
$75,000 to $100,000 160 440 $46,753 $2,660
(31.25% of returns)
$21,075
(25% of returns)
$7,350
$100,000 to $200,000 160 460 $70,670 $8,750
(50% of returns)
$21,620
(31.25% of returns)
$5,120
Over $200,000 30 80 $175,483 $0
(0% of returns)
$0
(0% of returns)
$0
For Zip 1470 2870 $38,954

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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