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Taxes in Brooklyn Park, Minnesota

Complete tax guide for Brooklyn Park, MN. State income tax up to 7.85%, 1.12% property tax, 6.95% sales tax. Calculate your total tax burden.

State Income Tax

7.85%

Minnesota

Property Tax

1.12%

Effective rate

Sales Tax

6.95%

Combined rate

Tax Burden

High

Brooklyn Park, MN Tax Overview

Population

86,478

Median Income

$62,000

Cost of Living

98.8 (100 = avg)

State Income Tax

7.85%

Median Home Price

$285,000

Brooklyn Park Tax Calculator

Pre-filled with Brooklyn Park median: $62,000

Total Tax Burden in Brooklyn Park

$15,012

Take-Home: $46,989 · Effective Rate: 24.21%

Federal Tax

$5,402

8.71% eff.

MN State

$4,867

7.85% eff.

FICA

$4,743

7.65% eff.

Take-Home

$46,989

75.79% kept

Tax Breakdown

Take-Home 75.79%
Federal
MN
FICA
Take-Home Federal Tax MN State Tax FICA
ItemAnnualMonthly
Gross Income$62,000.00$5,166.67
Federal Income Tax-$5,401.50-$450.13
Minnesota State Tax-$4,867.00-$405.58
Social Security (6.2%)-$3,844.00-$320.33
Medicare (1.45%)-$899.00-$74.92
Take-Home Pay$46,988.50$3,915.71

Property Tax in Brooklyn Park

Median Home

$285,000

Annual Tax

$3,192

Monthly Tax

$266

Effective Rate

1.12%

vs. National Average (1.1%)+$57/yr
Median Property Tax Paid$3,192/yr

Sales Tax in Brooklyn Park

Combined Rate

6.95%

State Portion

~4.5%

Local Portion

~2.5%

The combined sales tax rate in Brooklyn Park is 6.95%, which is below the national average of 7.12%. On a $100 purchase, you would pay $6.95 in sales tax.

Tax Burden Comparison

Tax TypeBrooklyn ParkMinnesota AvgNational Avg
Income Tax7.85%7.85%4.6%
Property Tax1.12%~1.12%1.1%
Sales Tax6.95%~6.95%7.12%
Overall BurdenHighModerate

Tax Saving Tips for Brooklyn Park Residents

  • Minnesota's income tax rate of 7.85% is above average. Maximize pre-tax retirement contributions (401k up to $23,500, IRA up to $7,000) to reduce both federal and state taxable income.
  • Property tax in Brooklyn Park (1.12%) is above the national average. Check if you qualify for homestead exemptions or assessment appeals to reduce your property tax bill.
  • Use a Health Savings Account (HSA) if eligible. Contributions are tax-deductible ($4,300 individual, $8,550 family), growth is tax-free, and withdrawals for medical expenses are tax-free.

Calculate Your Full Minnesota Tax Burden

See detailed state tax brackets, FICA breakdown, and compare to neighboring states.

Frequently Asked Questions

What are the tax rates in Brooklyn Park, MN?

Brooklyn Park, Minnesota has a state income tax rate up to 7.85%. The property tax rate is 1.12% and the combined sales tax rate is 6.95%.

How much is property tax in Brooklyn Park?

The effective property tax rate in Brooklyn Park is 1.12%. On the median home price of $285,000, this equals approximately $3,192 per year or $266 per month. This is above the national average of 1.1%.

What is the sales tax rate in Brooklyn Park?

The combined sales tax rate in Brooklyn Park is 6.95%, which includes both state and local components. This is below the national average combined rate of approximately 7.12%.

How does Brooklyn Park's tax burden compare to other cities?

Brooklyn Park has a high overall tax burden. The effective total tax rate for a median-income household is approximately 30.3%. The combination of 7.85% state income tax, 1.12% property tax, and 6.95% sales tax determines the total burden. Cost of living index is 98.8 (100 = national average).

Are there any local taxes in Brooklyn Park?

Brooklyn Park does not impose a separate local or city income tax. Residents pay the state income tax of 7.85%, federal income tax, and FICA (Social Security and Medicare).