Glencoe, Minnesota — Tax Burden
What is the tax burden in Glencoe, Minnesota?
Glencoe, Minnesota has a total tax burden of 12.06%, ranking #2004 nationally. Property tax rate: 1.14%, state income tax: 6.155%, sales tax: 7.49%. Median household income is $67,547.
Source: US Census ACS, 2022
Ranked #2004 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
12.06%
Rank: 2004th nationally
Property Tax Rate
1.14%
Rank: 2828th nationally
Income Tax Rate
6.155%
Minnesota state rate
Sales Tax Rate
7.49%
State + local combined
Tax Burden Breakdown
Property (28%)Income (51%)Sales (20%)
Median Income: $67,547
Median Home Value: $204,500
Median Property Tax: $2,322/yr
Population: 5,712