Minneapolis, MN variant. This is a Minneapolis, MN-specific version of the Paycheck Calculator, using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Paycheck Calculator.
Minneapolis paychecks are shaped by MN state tax plus no separate city income tax. With a $76,332 median income and a cost-of-living index of 109 (US avg = 100), take-home pay tells only part of the affordability story.
Taxes on a Minneapolis paycheck
Minneapolis has no separate city income tax, so withholding is federal + MN state + FICA. Your local cost of living (index 109) matters more than local taxes here.
Enter your gross pay and pre-tax deductions in the calculator above to localize your Minneapolis take-home figure.
About Minneapolis, MN
Minneapolis applies Minnesota state income and sales taxes.
Minneapolis offers moderate home prices for a major metro.
Minneapolis hosts numerous corporate headquarters across retail, food, and finance, with a cost of living above the national average.
Worked example: $76,332 in Minneapolis
FICA on $76,332 is $5,839. No city income tax applies in Minneapolis. Federal and MN state tax apply on top.
Quick reference
- Median home value: $320,000
- Median rent: $1,700/mo
- Median household income: $76,332
- Local sales tax: 8.025%
- Effective property tax rate: 1.36%
- Cost of living index: 109 (US avg = 100)
Frequently Asked Questions
Does Minneapolis have a city income tax?
No, Minneapolis has no separate city income tax beyond MN state tax.
What is the median income in Minneapolis?
About $76,332 per household.