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Minnesota Salary After Tax Calculator

Minnesota Salary After Tax Calculator

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Wage Comparison in Minnesota

Compare Your Minnesota Salary

Minnesota offers competitive salaries with progressive state income tax rates and moderate cost of living, particularly strong in healthcare, technology, manufacturing, and agriculture, with Minneapolis-St. Paul serving as the major economic center.

  • Compare by Minneapolis-St. Paul, Rochester, and Duluth areas
  • Factor in Minnesota’s progressive income tax (5.35% to 9.85%)
  • Consider healthcare, tech, manufacturing, and agriculture sectors
Minnesota Salary Factors

Twin Cities: Healthcare, tech, finance

Rochester: Mayo Clinic, medical

Manufacturing: 3M, Medtronic

Strong quality of life

Average Salary in Minnesota

Minnesota Industry Averages

Minnesota’s economy is driven by healthcare, technology, manufacturing, and agriculture. The state is home to major corporations like 3M, Target, and Best Buy, and the Mayo Clinic, creating diverse employment opportunities with competitive wages.

Healthcare

$75,000

Average annual salary

Technology

$82,000

Average annual salary

Manufacturing

$65,000

Average annual salary

Finance

$70,000

Average annual salary

Minnesota Salary Factors
  • • Fortune 500 companies
  • • Mayo Clinic hub
  • • Strong manufacturing
  • • Tech growth
  • • Agricultural base
  • • Quality of life

Minnesota Minimum Wage

Minnesota State Minimum Wage

Minnesota has set its minimum wage above the federal rate at $10.85 per hour for large employers (enterprises with annual gross revenues of $500,000 or more) and $8.85 for small employers as of 2025. The state adjusts these rates annually for inflation.

Minnesota Minimum Wage

$10.85

per hour (Large employers, 2025)

Annual Full-Time

$22,568

40 hours/week, 52 weeks

Minnesota vs Other States

Minnesota (Large) $10.85
Minnesota (Small) $8.85
Wisconsin $7.25
Federal $7.25

Note: Minnesota’s minimum wage is indexed to inflation and adjusted annually. Small employers (under $500,000 annual revenue) have a lower rate of $8.85/hour.

Minnesota Tax Information

Understanding Minnesota Taxes

Minnesota has a progressive state income tax system with rates ranging from 5.35% to 9.85% based on income level. The state also has a 6.875% sales tax (with local taxes up to 8.375% total) and property taxes that vary by locality.

Federal Income Tax

Progressive rates from 10% to 37% based on income

Minnesota State Income Tax

Progressive rates from 5.35% to 9.85%

Sales Tax

6.875% state + local taxes (up to 8.375% total)

Social Security Tax

6.2% on income up to $168,600 (2025 limit)

Medicare Tax

1.45% on all income, plus 0.9% on income over $200,000

Minnesota Tax Structure

State Income Tax Brackets (2025)
  • 5.35% on income up to $29,050 (Single)
  • 6.8% on income $29,051 – $95,450
  • 7.85% on income $95,451 – $166,040
  • 9.85% on income over $166,040
  • *Brackets differ for married filing jointly
Sales Tax

Minnesota has a 6.875% state sales tax, with local taxes that can bring the total to 8.375% in some areas.

Tax Benefits

Minnesota offers various credits including the Working Family Credit, Child and Dependent Care Credit, and Property Tax Refund.

Important Note

This calculator provides estimates. Consult a tax professional for personalized advice and accurate calculations.