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Minnesota Income Tax Calculator — Updated 2026

Minnesota (MN) · State tax: 9.85% · Property tax: 1.12%

Minnesota levies a 9.85% state income tax, which applies on top of your federal tax obligations. This creates a combined marginal rate that directly reduces your take-home pay and affects retirement contribution decisions. The cost of living index in Minnesota is 105, so your after-tax dollars have roughly average purchasing power. Use this calculator to estimate your total Minnesota income tax liability for 2026, including applicable deductions and credits.

Minnesota Financial Data (2026)

State Income Tax
9.85%
Property Tax Rate
1.12%
Median Home Price
$425,000
Annual Property Tax (median home)
$4,760
Avg Homeowners Insurance
$1,320/year
Cost of Living Index
105 (100 = avg)
State Estate Tax
Yes
State Abbreviation
MN