Taxes in Coon Rapids, Minnesota
Complete tax guide for Coon Rapids, MN. State income tax up to 7.85%, 1.07% property tax, 9.21% sales tax. Calculate your total tax burden.
State Income Tax
7.85%
Minnesota
Property Tax
1.07%
Effective rate
Sales Tax
9.21%
Combined rate
Tax Burden
High
Coon Rapids, MN Tax Overview
Population
63,975
Median Income
$67,100
Cost of Living
94.6 (100 = avg)
State Income Tax
7.85%
Median Home Price
$325,000
Coon Rapids Tax Calculator
Pre-filled with Coon Rapids median: $67,100
Total Tax Burden in Coon Rapids
$16,777
Take-Home: $50,324 · Effective Rate: 25.00%
Federal Tax
$6,376
9.50% eff.
MN State
$5,267
7.85% eff.
FICA
$5,133
7.65% eff.
Take-Home
$50,324
75.00% kept
Tax Breakdown
| Item | Annual | Monthly |
|---|---|---|
| Gross Income | $67,100.00 | $5,591.67 |
| Federal Income Tax | -$6,376.00 | -$531.33 |
| Minnesota State Tax | -$5,267.35 | -$438.95 |
| Social Security (6.2%) | -$4,160.20 | -$346.68 |
| Medicare (1.45%) | -$972.95 | -$81.08 |
| Take-Home Pay | $50,323.50 | $4,193.63 |
Property Tax in Coon Rapids
Median Home
$325,000
Annual Tax
$3,478
Monthly Tax
$290
Effective Rate
1.07%
Sales Tax in Coon Rapids
Combined Rate
9.21%
State Portion
~6.7%
Local Portion
~2.5%
The combined sales tax rate in Coon Rapids is 9.21%, which is above the national average of 7.12%. On a $100 purchase, you would pay $9.21 in sales tax.
Tax Burden Comparison
| Tax Type | Coon Rapids | Minnesota Avg | National Avg |
|---|---|---|---|
| Income Tax | 7.85% | 7.85% | 4.6% |
| Property Tax | 1.07% | ~1.07% | 1.1% |
| Sales Tax | 9.21% | ~9.21% | 7.12% |
| Overall Burden | High | — | Moderate |
Tax Saving Tips for Coon Rapids 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 Coon Rapids (1.07%) is below the national average of 1.1%. This makes homeownership more affordable here relative to property tax burden.
- The combined sales tax rate of 9.21% is relatively high. Consider making large purchases in lower-tax jurisdictions or online retailers that do not charge local tax rates.
- 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.
Other Cities in Minnesota
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See detailed state tax brackets, FICA breakdown, and compare to neighboring states.
Frequently Asked Questions
What are the tax rates in Coon Rapids, MN?
Coon Rapids, Minnesota has a state income tax rate up to 7.85%. The property tax rate is 1.07% and the combined sales tax rate is 9.21%.
How much is property tax in Coon Rapids?
The effective property tax rate in Coon Rapids is 1.07%. On the median home price of $325,000, this equals approximately $3,478 per year or $290 per month. This is below the national average of 1.1%.
What is the sales tax rate in Coon Rapids?
The combined sales tax rate in Coon Rapids is 9.21%, which includes both state and local components. This is above the national average combined rate of approximately 7.12%.
How does Coon Rapids's tax burden compare to other cities?
Coon Rapids has a high overall tax burden. The effective total tax rate for a median-income household is approximately 31.1%. The combination of 7.85% state income tax, 1.07% property tax, and 9.21% sales tax determines the total burden. Cost of living index is 94.6 (100 = national average).
Are there any local taxes in Coon Rapids?
Coon Rapids 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).