MN_hub
Tax, mortgage, insurance, and COL tools with MN-specific 2026 data.
Income Tax
9.85%
Property Tax
1.02%
Median Home
$315,000
Median Income
$80,450
Cost of Living
98
Calculate your Minnesota state income tax and see effective rates across all brackets.
See your take-home pay in Minnesota after federal and state taxes.
Estimate property taxes in Minnesota based on home value and local rates.
Calculate mortgage payments in Minnesota including taxes and insurance.
How much home can you afford in Minnesota?
Estimate auto insurance costs in Minnesota based on your profile.
Estimate home insurance in Minnesota for your property.
Compare cost of living in Minnesota to other states and the national average.
Minnesota (MN) has a top marginal income tax rate of 9.85%, which applies to a progressive system with 4 brackets. Understanding your effective tax rate is important for budgeting and financial planning in Minnesota.
Housing costs: The median home price in Minnesota is $315,000 with an effective property tax rate of 1.02%.At 1.02%, property taxes in Minnesota are near the national average of approximately 1.1%, which can make homeownership more affordable over the long term.Use our mortgage calculator to estimate your full monthly payment including property taxes and homeowners insurance.
Income and cost of living: The median household income in Minnesota is $80,450. With a cost of living index of 98 (national average = 100), Minnesota isnear the national average, meaning everyday expenses are roughly in line with typical US costs.
Tools for Minnesota residents: Use the calculators above to estimate your income taxes, mortgage payments, auto insurance costs, and more using Minnesota-specific data.We also have financial tools for 2 cities in Minnesota, including Minneapolis, St. Paul.All calculators are free to use with no account required, updated with current rates and data for the 2026 tax year.
Compare Minnesota to other states
Income tax, property tax, COL, and housing vs the rest of the US.
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