Minneapolis, MN variant. This is a Minneapolis, MN-specific version of the Income Tax 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 Income Tax Calculator.
Income tax in Minneapolis combines federal, MN state, and no city income tax.
Layers of income tax in Minneapolis
Minneapolis levies no local income tax, so your bill is federal + MN state only.
Combine all layers to find your true marginal rate on the next dollar earned.
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: local tax on $76,332
No city income tax applies in Minneapolis; only MN state and federal tax do.
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 local income tax?
No local income tax in Minneapolis.
What taxes apply to Minneapolis residents?
Federal, MN state.