Minneapolis, MN 55403

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Published March 2024
Overview Weather Summary Taxes Summary Housing Cost Summary

Weather Summary

*1% National Rank is best weather and 99% is worst weather for that preference

Days Below Freezing 171
Days Above 95°F 2
Rainy Days 127
Humid Days 127
Days in 40s 38
Days in 50s 34
Days in 60s 43
Days in 70s 52
Days in 80s 73
Days in 90s 24
Days in 100s 0
Good Weather Range Good Weather Probability National Rank
10°F - 70°F 59% 26%
20°F - 70°F 59% 26%
30°F - 70°F 51% 45%
40°F - 70°F 31% 77%
50°F - 70°F 21% 84%
10°F - 80°F 73% 32%
20°F - 80°F 73% 32%
30°F - 80°F 65% 52%
40°F - 80°F 45% 87%
50°F - 80°F 35% 91%
10°F - 90°F 93% 36%
20°F - 90°F 93% 36%
30°F - 90°F 85% 60%
40°F - 90°F 65% 86%
50°F - 90°F 55% 86%
10°F - 100°F 100% 23%
20°F - 100°F 100% 23%
30°F - 100°F 91% 84%
40°F - 100°F 72% 90%
50°F - 100°F 61% 87%

Taxes Summary

*LTCG = Long Term Capital Gains
*Federal = Income + Social Security + Medicare + NIIT
*1% National Rank is highest effective tax and 99% is lowest effective tax for that income profile

W2 Income LTCG Income Home Value Total Tax Rate National Rank Net Taxes Paid Federal State Property Sales Local
22k - - 9% 68% 2159 1683 - - 476 -
40k - - 12% 83% 5156 4290 - - 866 -
70k - - 16% 92% 11507 9991 - - 1516 -
22k - 66k 13% 49% 3030 1683 - 871 476 -
40k - 120k 16% 61% 6740 4290 - 1584 866 -
70k - 210k 20% 77% 14279 9991 - 2772 1516 -
100k - 300k 22% 82% 22012 15886 - 3960 2166 -
200k - 600k 30% 65% 60628 43821 4554 7920 4333 -
400k - 1.2M 36% 35% 145873 102619 18747 15840 8666 -
800k - 2.4M 44% 19% 354512 249158 56340 31680 17332 -
1.6M - 4.8M 49% 13% 789446 556279 135140 63360 34665 -
100k 50k 450k 17% 76% 26485 15886 1409 5940 3249 -
200k 100k 900k 25% 41% 75186 45433 11372 11880 6499 -
400k 400k 2.4M 32% 20% 260285 154932 56340 31680 17332 -
800k 1M 5.4M 37% 13% 674326 409206 154840 71280 38999 -
1.6M 3.2M 14.4M 40% 13% 1929381 1184962 450340 190080 103997 -
1 150k 450k 13% 73% 19712 9112 1409 5940 3249 -
1 300k 900k 20% 40% 61365 31612 11372 11880 6499 -
1 800k 2.4M 26% 19% 211966 106612 56340 31680 17333 -
1 1.8M 5.4M 31% 13% 562502 297382 154840 71280 38999 -
1 4.8M 14.4M 34% 13% 1641801 897382 450340 190080 103997 -

Housing Cost Summary

*1% National Rank is most expensive and 99% is cheapest build cost
Thank you to RedFin for housing data for processing these derived metrics

Median Home Price 256364
Median Days on Market 71
3000SF Builder Grade Projected Cost 635642
3000SF Designer Grade Projected Cost 1589107
3000SF Estate Grade Projected Cost 3178214
Budget Level Builder Home SF Designer Home SF Estate Home SF
100k Unstable 471 188 94
200k Unstable 943 377 188
300k Builder Grade 1000sf 1415 566 283
400k Builder Grade 1000sf 1887 755 377
500k Builder Grade 2000sf 2359 943 471
600k Builder Grade 2000sf 2831 1132 566
700k Builder Grade 3000sf 3303 1321 660
800k Builder Grade 3000sf 3775 1510 755
900k Builder Grade 4000sf 4247 1699 849
1M Builder Grade 4000sf 4719 1887 943
1.25M Builder Grade 5000sf 5899 2359 1179
1.5M Builder Grade 5000sf 7079 2831 1415
1.75M Designer Grade 3000sf 8259 3303 1651
2M Designer Grade 3000sf 9439 3775 1887
2.25M Designer Grade 4000sf 10619 4247 2123
2.5M Designer Grade 4000sf 11799 4719 2359
2.75M Designer Grade 5000sf 12978 5191 2595
3M Designer Grade 5000sf 14158 5663 2831
3.5M Estate Grade 3000sf 16518 6607 3303
4M Estate Grade 3000sf 18878 7551 3775
4.5M Estate Grade 4000sf 21238 8495 4247
5M Estate Grade 4000sf 23598 9439 4719
7.5M Estate Grade 7000sf 35397 14158 7079
10M Estate Grade 7000sf 47196 18878 9439