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Hennepin County · Minnesota

Minneapolis, MN demographics

Population, income and the local tax burden that sits on top of them — sourced from the Census Bureau and the Minnesota Department of Revenue.

A crowd crossing a city street, illustrating US population and demographics data

Quick answer

Minneapolis, MN has a population of 425,336 and a median household income of $76,332 — about $6,361 a month before tax. That ranks 31 of 94 covered metros by income and 45 of 94 by population.

  • Population

    425,336

    City limits, ACS 5-year

  • Median household income

    $76,332

    ACS 5-year estimate

  • Combined sales tax

    9.025%

    Minnesota + local

  • Income rank

    #31

    of 94 covered metros

Estimated annual sales tax on a median household

A Minneapolis household at the median income of $76,332 spending roughly a quarter of pre-tax income on taxable retail goods would pay about $1,722 a year in sales tax at 9.025%. This is an illustration, not a filing figure: the taxable share of spending varies with household composition, and Minnesota exempts or discounts several categories. The 2023 metro-wide transportation and housing sales taxes pushed the Twin Cities above 9% for the first time.

Method: median household income × 25% taxable share × combined rate. The 25% share is a rough national benchmark from the BLS Consumer Expenditure Survey, not a Minneapolis-specific measurement.

Sources

What each figure on this page comes from.

Full Minneapolis sales tax breakdown and calculator

Other Minneapolis datasets on this site.

Statewide: Minnesota cities · Minnesota ZIP codes · Minnesota sales tax · Minnesota counties