Faribault, Minnesota — Tax Burden
Ranked #1988 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
12.09%
Rank: 1988th nationally
Property Tax Rate
1.01%
Rank: 3294th nationally
Income Tax Rate
6.059%
Minnesota state rate
Sales Tax Rate
7.49%
State + local combined
Tax Burden Breakdown
Property (29%)Income (50%)Sales (20%)
Median Income: $58,881
Median Home Value: $207,200
Median Property Tax: $2,095/yr
Population: 24,418