The following summarizes key data points for Minnesota.
5,830,405 |
-37,202 |
96,812 |
3,827,205 |
4,285,809 |
76.35% |
1,452,508 |
91.6% |
1.5% |
2,220,397 |
State Tax Freeloaders (b) 2,243,929 |
973,277 |
|
Indiv. Income Tax Collected (FY24) $14,873,007,000 |
State Property Taxes Collected (FY24) $12,306,551 |
Total Taxes Collected (FY25 Est) $77,318,000,000 |
$60,581,559,000 |
$69,285,000,000 |
Median Household Income (2024) $89,062 |
$8,385,000,000 |
$1,127,641,000 |
MN Debt Balance $23,360,000,000 |
|
State Debt Per Resident Taxpayer $3,776.00 |
Debt Service Per Resident Taxpayer $507.00 |
Debt Balance Per Resident Taxpayer $10,520.00 |
5.3% |
4.7% |
452,600 |
37.0% |
9.85% | 7th |
Spending Per Person in Poverty $42,000 | 2nd |
|
State Sales Tax (General Rate) 6.875% |
Highest Combined Sales Tax Rate 9.875% | St. Paul |
1.50% | St. Paul |
|
MN Known Fraud Losses Estimate $564M to $1.5 B |
Hennepin County Sales Tax 0.65% |
Metro Area Sales Tax 1.00% |
Please provide any corrections or newer information to [email protected] with a hyperlink or pdf of the applicable source.
(a) As of 2024 general election - latest data available from Office of the Minnesota Secretary of State.
(b) Estimated based on 2023 Minnesota Population (5,752,998) - persons under 18 (1,288,671) - Resident Taxpayers (2,220,397) = 2,243,929 residents age 18 and over who did not pay any state taxes for 2023.
Sources:
- Center for the American Experiment - State of Minnesota Scandal Tracker
- Minnesota Chamber of Commerce - 2025 State of Business Retention and Expansion in Minnesota
- Minnesota Department of Management and Budget - Annual Comprehensive Financial Reports (ACRFs)
- Minnesota Department of Management and Budget - Debt Capacity Forecasts
- Minnesota Department of Management and Budget - State Budget
- Minnesota Department of Revenue - Annual Statistics
- Minnesota Department of Revenue - Rate Charts for Sales Tax
- Minnesota Department of Revenue - Sales Tax Rate Map
- Minnesota State Demographic Center
- Tax Foundation - 2026 State Tax Competitiveness Index - Minnesota
- United States Bureau of Labor Statistics - Midwest Information Office - Minnesota
- United States Census Bureau QuickFacts Minnesota
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