Minnesota Financial Calculators

Explore free financial tools tailored for Minnesota (MN) residents, including tax calculators, mortgage estimates, and cost of living comparisons.

Income Tax Rate

9.85%

Property Tax Rate

1.02%

Median Home Price

$315,000

Median Income

$80,450

Cost of Living Index

98

Available Calculators

About Finances in Minnesota

Minnesota (MN) has a top marginal income tax rate of 9.85%, which applies to a progressive system with 4 brackets. The median home price in Minnesota is $315,000 with an effective property tax rate of 1.02%, and the median household income is $80,450. With a cost of living index of 98 (national average = 100), Minnesota is near the national average. Use the calculators above to plan your finances based on Minnesota-specific rates, costs, and tax rules.