Corcoran, Minnesota — Tax Burden
What is the tax burden in Corcoran, Minnesota?
Corcoran, Minnesota has a total tax burden of 13.01%, ranking #1472 nationally. Property tax rate: 1.17%, state income tax: 6.902%, sales tax: 7.49%. Median household income is $155,385.
Source: US Census ACS, 2022
Ranked #1472 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
13.01%
Rank: 1472nd nationally
Property Tax Rate
1.17%
Rank: 2731st nationally
Income Tax Rate
6.902%
Minnesota state rate
Sales Tax Rate
7.49%
State + local combined
Tax Burden Breakdown
Property (28%)Income (53%)Sales (19%)
Median Income: $155,385
Median Home Value: $482,600
Median Property Tax: $5,651/yr
Population: 6,549