Take-Home Pay in Minneapolis

The median salary in Minneapolis is $56,000 (BLS 2024). After federal and Minnesota state taxes, a single filer takes home $43,003 per year. Adjust your salary below to see your exact breakdown.

Take-home pay in Minneapolis — single filer

Gross salaryBi-weeklyAnnual net
$40,000$1,204$31,299
$50,000$1,485$38,614
$60,000$1,766$45,929
$70,000$2,023$52,591
$85,000$2,387$62,064

Single filer, standard deduction, 2025 tax year. Federal + Minnesota state taxes + FICA.

Minneapolis — key figures

Median salary (BLS 2024)$56,000
Cost of living index105 (US avg = 100)
State income taxYes (Minnesota)

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Take-Home Pay CalculatorLive data

Total salary before taxes. Hourly? Multiply: rate × hours/week × 52.

Credit cards, auto loans, student debt. Used to surface relevant resources.

Frequently asked questions

What is the take-home pay for the median salary in Minneapolis?

The median salary in Minneapolis is $56,000. A single filer takes home $43,003 per year after federal income tax, Minnesota state tax, Social Security, and Medicare. That works out to $1,654 bi-weekly or $3,584 per month.

How does Minneapolis's cost of living affect your paycheck?

Minneapolis has a cost of living index of 105 — 5% higher than the US national average. While your take-home pay is the same in dollar terms regardless of location, your purchasing power is lower than the US average. A $56,000 salary in Minneapolis buys less than the same salary in an average-cost US city.

How much state income tax do you pay in Minneapolis?

Minnesota has an effective state income tax rate of 7.2% on a $56,000 salary, totalling $4,032 annually.

What is the effective tax rate in Minneapolis on a $56,000 salary?

A single filer earning $56,000 in Minneapolis (Minnesota) has a total effective tax rate of 23.2%. This includes 8.4% federal income tax, 7.2% Minnesota state income tax, plus 7.65% FICA.

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