Minnesota's Progressive Tax
Minnesota has one of the highest state income tax rates, with brackets from 5.35% to 9.85%. Workers earning above $43K single-filer start paying 6.8%, making the impact visible on every paycheck.
Minnesota has one of the highest state income tax rates, with brackets from 5.35% to 9.85%. Workers earning above $43K single-filer start paying 6.8%, making the impact visible on every paycheck.
Minneapolis is home to 16 Fortune 500 companies including Target, UnitedHealth, and 3M. The diverse economy provides stable employment across multiple sectors.
Minnesota's top individual income tax rate is 9.85% on income over $193,240 (single filer), one of the highest in the country.
No, Minnesota does not allow city-level income taxes. Only state and federal taxes appear on your paystub.