Richfield, Minnesota — Tax Burden
What is the tax burden in Richfield, Minnesota?
Richfield, Minnesota has a total tax burden of 13.07%, ranking #1436 nationally. Property tax rate: 1.19%, state income tax: 6.260%, sales tax: 7.49%. Median household income is $80,712.
Source: US Census ACS, 2022
Ranked #1436 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
13.07%
Rank: 1436th nationally
Property Tax Rate
1.19%
Rank: 2678th nationally
Income Tax Rate
6.260%
Minnesota state rate
Sales Tax Rate
7.49%
State + local combined
Tax Burden Breakdown
Property (33%)Income (48%)Sales (19%)
Median Income: $80,712
Median Home Value: $294,000
Median Property Tax: $3,503/yr
Population: 36,809