Mound, Minnesota — Tax Burden
What is the tax burden in Mound, Minnesota?
Mound, Minnesota has a total tax burden of 12.24%, ranking #1904 nationally. Property tax rate: 0.95%, state income tax: 6.315%, sales tax: 7.49%. Median household income is $89,855.
Source: US Census ACS, 2022
Ranked #1904 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
12.24%
Rank: 1904th nationally
Property Tax Rate
0.95%
Rank: 3558th nationally
Income Tax Rate
6.315%
Minnesota state rate
Sales Tax Rate
7.49%
State + local combined
Tax Burden Breakdown
Property (28%)Income (52%)Sales (20%)
Median Income: $89,855
Median Home Value: $327,500
Median Property Tax: $3,107/yr
Population: 9,272