Albany, MN 56307

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 730 980 $10,624 $875
(10.96% of returns)
$1,250
(5.48% of returns)
$0
$25,000 to $50,000 550 1000 $29,604 $1,675
(14.55% of returns)
$6,000
(16.36% of returns)
$5,371
$50,000 to $75,000 380 910 $39,978 $1,083
(15.79% of returns)
$14,983
(15.79% of returns)
$5,663
$75,000 to $100,000 310 940 $47,177 $1,628
(22.58% of returns)
$17,850
(12.9% of returns)
$6,290
$100,000 to $200,000 360 1210 $67,744 $2,470
(27.78% of returns)
$22,283
(16.67% of returns)
$6,591
Over $200,000 60 200 $234,833 $6,633
(50% of returns)
$0
(0% of returns)
$10,400
For Zip 2390 5240 $44,385

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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