Question 1

What is the tax burden in Hopkins, Minnesota?

Accepted Answer

Hopkins, Minnesota has a total tax burden of 14.91%, combining property tax (1.37%), state income tax (6.178%), and sales tax (7.49%). The median household income is $70,058 and median home value is $320,200.

Question 2

What is the property tax rate in Hopkins, Minnesota?

Accepted Answer

The effective property tax rate in Hopkins is 1.37%. The median property tax paid is $4,384 per year on a home valued at $320,200.

Hopkins, Minnesota — Tax Burden

Tax Burden Breakdown

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