Golden Valley, Minnesota — Tax Burden
What is the tax burden in Golden Valley, Minnesota?
Golden Valley, Minnesota has a total tax burden of 13.58%, ranking #1202 nationally. Property tax rate: 1.33%, state income tax: 6.511%, sales tax: 7.49%. Median household income is $110,026.
Source: US Census ACS, 2022
Ranked #1202 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
13.58%
Rank: 1202nd nationally
Property Tax Rate
1.33%
Rank: 2302nd nationally
Income Tax Rate
6.511%
Minnesota state rate
Sales Tax Rate
7.49%
State + local combined
Tax Burden Breakdown
Property (34%)Income (48%)Sales (18%)
Median Income: $110,026
Median Home Value: $381,400
Median Property Tax: $5,063/yr
Population: 22,142