New Ulm, Minnesota — Tax Burden
What is the tax burden in New Ulm, Minnesota?
New Ulm, Minnesota has a total tax burden of 12.13%, ranking #1961 nationally. Property tax rate: 1.26%, state income tax: 6.073%, sales tax: 7.49%. Median household income is $59,985.
Source: US Census ACS, 2022
Ranked #1961 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
12.13%
Rank: 1961st nationally
Property Tax Rate
1.26%
Rank: 2487th nationally
Income Tax Rate
6.073%
Minnesota state rate
Sales Tax Rate
7.49%
State + local combined
Tax Burden Breakdown
Property (30%)Income (50%)Sales (20%)
Median Income: $59,985
Median Home Value: $170,200
Median Property Tax: $2,153/yr
Population: 14,055