Redwood Falls, MN 56283

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 1120 1590 $10,921 $855
(17.86% of returns)
$1,812
(7.14% of returns)
$0
$25,000 to $50,000 860 1430 $30,227 $1,993
(17.44% of returns)
$6,505
(20.93% of returns)
$4,214
$50,000 to $75,000 490 1020 $41,780 $3,000
(26.53% of returns)
$15,153
(30.61% of returns)
$4,144
$75,000 to $100,000 330 870 $48,445 $2,441
(36.36% of returns)
$20,033
(27.27% of returns)
$5,057
$100,000 to $200,000 370 1040 $71,422 $5,533
(48.65% of returns)
$22,645
(29.73% of returns)
$5,662
Over $200,000 80 210 $271,928 $11,300
(62.5% of returns)
$28,050
(25% of returns)
$7,550
For Zip 3250 6160 $43,259

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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