Minnesota Take-Home Pay Calculator
Calculate your actual take-home pay in Minnesota after federal tax, Minnesota state tax, Social Security, Medicare, and deductions. Minnesota has a progressive income tax with rates from 5.
Annual Breakdown
Monthly Summary
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Your take-home is $4,275/month. See how it flows through your budget, savings, investments, and more over time.
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Minnesota has a progressive income tax with rates from 5.35% to 9.85%, making it one of the highest-tax states in the nation.
Understanding Your Take-Home Pay in Minnesota
If you work in Minnesota, your take-home pay is affected by a combination of federal taxes and Minnesota-specific taxes and deductions. Here's what Minnesota residents and workers need to know about their paycheck.
Minnesota Income Tax
Minnesota has a progressive income tax with rates from 5.35% to 9.85%, making it one of the highest-tax states in the nation.
Cost of Living in Minnesota
Minnesota's cost of living is about 1% above the national average, with the Twin Cities metro being moderately above average. When evaluating your Minnesota take-home pay, consider how far your paycheck goes based on local costs for housing, food, transportation, and healthcare.
Financial Tips for Minnesota Residents
- Minnesota's top rate of 9.85% makes it important to maximize pre-tax deductions
- Minnesota taxes Social Security benefits partially — plan for this in retirement
- Minneapolis-St. Paul's strong healthcare, finance, and retail sectors offer competitive compensation
- Minnesota's high taxes fund strong public services and quality of life
Key Minnesota Tax Features
- Progressive rates up to 9.85%
- Partial Social Security taxation
- Strong healthcare and corporate presence
- High quality of life
See How Your Minnesota Take-Home Pay Builds Wealth
This calculator shows your Minnesota paycheck. Trajectoryy's full simulator shows how that paycheck flows through your entire financial life — savings, investments, loans, retirement, and more.
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