Hancock, MN 56244

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 230 360 $10,159 $433
(13.04% of returns)
$0
(0% of returns)
$0
$25,000 to $50,000 230 660 $27,123 $1,600
(13.04% of returns)
$9,180
(21.74% of returns)
$0
$50,000 to $75,000 120 330 $39,505 $3,250
(16.67% of returns)
$0
(0% of returns)
$4,600
$75,000 to $100,000 80 250 $46,431 $1,666
(37.5% of returns)
$18,500
(25% of returns)
$0
$100,000 to $200,000 120 380 $75,986 $6,287
(66.67% of returns)
$21,433
(25% of returns)
$5,900
Over $200,000 30 110 $218,683 $25,266
(100% of returns)
$0
(0% of returns)
$0
For Zip 810 2090 $45,756

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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