$LevyIO

Taxes in Plymouth, Minnesota

Complete tax guide for Plymouth, MN. State income tax up to 7.85%, 1.18% property tax, 8.18% sales tax. Calculate your total tax burden.

State Income Tax

7.85%

Minnesota

Property Tax

1.18%

Effective rate

Sales Tax

8.18%

Combined rate

Tax Burden

High

Plymouth, MN Tax Overview

Population

81,026

Median Income

$75,000

Cost of Living

107.3 (100 = avg)

State Income Tax

7.85%

Median Home Price

$319,000

Plymouth Tax Calculator

Pre-filled with Plymouth median: $75,000

Total Tax Burden in Plymouth

$19,739

Take-Home: $55,261 · Effective Rate: 26.32%

Federal Tax

$8,114

10.82% eff.

MN State

$5,888

7.85% eff.

FICA

$5,738

7.65% eff.

Take-Home

$55,261

73.68% kept

Tax Breakdown

Take-Home 73.68%
Federal
MN
FICA
Take-Home Federal Tax MN State Tax FICA
ItemAnnualMonthly
Gross Income$75,000.00$6,250.00
Federal Income Tax-$8,114.00-$676.17
Minnesota State Tax-$5,887.50-$490.63
Social Security (6.2%)-$4,650.00-$387.50
Medicare (1.45%)-$1,087.50-$90.63
Take-Home Pay$55,261.00$4,605.08

Property Tax in Plymouth

Median Home

$319,000

Annual Tax

$3,764

Monthly Tax

$314

Effective Rate

1.18%

vs. National Average (1.1%)+$255/yr
Median Property Tax Paid$3,764/yr

Sales Tax in Plymouth

Combined Rate

8.18%

State Portion

~5.7%

Local Portion

~2.5%

The combined sales tax rate in Plymouth is 8.18%, which is above the national average of 7.12%. On a $100 purchase, you would pay $8.18 in sales tax.

Tax Burden Comparison

Tax TypePlymouthMinnesota AvgNational Avg
Income Tax7.85%7.85%4.6%
Property Tax1.18%~1.18%1.1%
Sales Tax8.18%~8.18%7.12%
Overall BurdenHighModerate

Tax Saving Tips for Plymouth 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 Plymouth (1.18%) is above the national average. Check if you qualify for homestead exemptions or assessment appeals to reduce your property tax bill.
  • The combined sales tax rate of 8.18% 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.

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 Plymouth, MN?

Plymouth, Minnesota has a state income tax rate up to 7.85%. The property tax rate is 1.18% and the combined sales tax rate is 8.18%.

How much is property tax in Plymouth?

The effective property tax rate in Plymouth is 1.18%. On the median home price of $319,000, this equals approximately $3,764 per year or $314 per month. This is above the national average of 1.1%.

What is the sales tax rate in Plymouth?

The combined sales tax rate in Plymouth is 8.18%, which includes both state and local components. This is above the national average combined rate of approximately 7.12%.

How does Plymouth's tax burden compare to other cities?

Plymouth has a high overall tax burden. The effective total tax rate for a median-income household is approximately 30.6%. The combination of 7.85% state income tax, 1.18% property tax, and 8.18% sales tax determines the total burden. Cost of living index is 107.3 (100 = national average).

Are there any local taxes in Plymouth?

Plymouth 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).