New Hope, Minnesota — Tax Burden
Ranked #908 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
14.28%
Rank: 908th nationally
Property Tax Rate
1.33%
Rank: 2302nd nationally
Income Tax Rate
6.170%
Minnesota state rate
Sales Tax Rate
7.49%
State + local combined
Tax Burden Breakdown
Property (40%)Income (43%)Sales (17%)
Median Income: $69,244
Median Home Value: $294,600
Median Property Tax: $3,907/yr
Population: 21,620