Montevideo, Minnesota — Tax Burden
What is the tax burden in Montevideo, Minnesota?
Montevideo, Minnesota has a total tax burden of 10.98%, ranking #2707 nationally. Property tax rate: 1.03%, state income tax: 5.918%, sales tax: 7.49%. Median household income is $49,435.
Source: US Census ACS, 2022
Ranked #2707 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
10.98%
Rank: 2707th nationally
Property Tax Rate
1.03%
Rank: 3217th nationally
Income Tax Rate
5.918%
Minnesota state rate
Sales Tax Rate
7.49%
State + local combined
Tax Burden Breakdown
Property (24%)Income (54%)Sales (23%)
Median Income: $49,435
Median Home Value: $124,500
Median Property Tax: $1,281/yr
Population: 5,350