Elk River, Minnesota — Tax Burden
What is the tax burden in Elk River, Minnesota?
Elk River, Minnesota has a total tax burden of 12.62%, ranking #1680 nationally. Property tax rate: 1.19%, state income tax: 6.344%, sales tax: 7.49%. Median household income is $95,597.
Source: US Census ACS, 2022
Ranked #1680 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
12.62%
Rank: 1680th nationally
Property Tax Rate
1.19%
Rank: 2678th nationally
Income Tax Rate
6.344%
Minnesota state rate
Sales Tax Rate
7.49%
State + local combined
Tax Burden Breakdown
Property (30%)Income (50%)Sales (20%)
Median Income: $95,597
Median Home Value: $305,700
Median Property Tax: $3,636/yr
Population: 25,936