Taxes in St. Louis Park, Minnesota
Complete tax guide for St. Louis Park, MN. State income tax up to 7.85%, 1.09% property tax, 9.77% sales tax. Calculate your total tax burden.
State Income Tax
7.85%
Minnesota
Property Tax
1.09%
Effective rate
Sales Tax
9.77%
Combined rate
Tax Burden
High
St. Louis Park, MN Tax Overview
Population
50,010
Median Income
$79,700
Cost of Living
100.4 (100 = avg)
State Income Tax
7.85%
Median Home Price
$306,000
St. Louis Park Tax Calculator
Pre-filled with St. Louis Park median: $79,700
Total Tax Burden in St. Louis Park
$21,502
Take-Home: $58,199 · Effective Rate: 26.98%
Federal Tax
$9,148
11.48% eff.
MN State
$6,256
7.85% eff.
FICA
$6,097
7.65% eff.
Take-Home
$58,199
73.02% kept
Tax Breakdown
| Item | Annual | Monthly |
|---|---|---|
| Gross Income | $79,700.00 | $6,641.67 |
| Federal Income Tax | -$9,148.00 | -$762.33 |
| Minnesota State Tax | -$6,256.45 | -$521.37 |
| Social Security (6.2%) | -$4,941.40 | -$411.78 |
| Medicare (1.45%) | -$1,155.65 | -$96.30 |
| Take-Home Pay | $58,198.50 | $4,849.88 |
Property Tax in St. Louis Park
Median Home
$306,000
Annual Tax
$3,335
Monthly Tax
$278
Effective Rate
1.09%
Sales Tax in St. Louis Park
Combined Rate
9.77%
State Portion
~7.3%
Local Portion
~2.5%
The combined sales tax rate in St. Louis Park is 9.77%, which is above the national average of 7.12%. On a $100 purchase, you would pay $9.77 in sales tax.
Tax Burden Comparison
| Tax Type | St. Louis Park | Minnesota Avg | National Avg |
|---|---|---|---|
| Income Tax | 7.85% | 7.85% | 4.6% |
| Property Tax | 1.09% | ~1.09% | 1.1% |
| Sales Tax | 9.77% | ~9.77% | 7.12% |
| Overall Burden | High | — | Moderate |
Tax Saving Tips for St. Louis 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 St. Louis Park (1.09%) 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 9.77% 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 St. Louis Park, MN?
St. Louis Park, Minnesota has a state income tax rate up to 7.85%. The property tax rate is 1.09% and the combined sales tax rate is 9.77%.
How much is property tax in St. Louis Park?
The effective property tax rate in St. Louis Park is 1.09%. On the median home price of $306,000, this equals approximately $3,335 per year or $278 per month. This is below the national average of 1.1%.
What is the sales tax rate in St. Louis Park?
The combined sales tax rate in St. Louis Park is 9.77%, which includes both state and local components. This is above the national average combined rate of approximately 7.12%.
How does St. Louis Park's tax burden compare to other cities?
St. Louis 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, 1.09% property tax, and 9.77% sales tax determines the total burden. Cost of living index is 100.4 (100 = national average).
Are there any local taxes in St. Louis Park?
St. Louis 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).