Minneapolis, MN 55408

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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 343615
Median Days on Market 37
3000SF Builder Grade Projected Cost 605017
3000SF Designer Grade Projected Cost 1512544
3000SF Estate Grade Projected Cost 3025088
Budget Level Builder Home SF Designer Home SF Estate Home SF
100k Unstable 495 198 99
200k Unstable 991 396 198
300k Builder Grade 1000sf 1487 595 297
400k Builder Grade 1000sf 1983 793 396
500k Builder Grade 2000sf 2479 991 495
600k Builder Grade 2000sf 2975 1190 595
700k Builder Grade 3000sf 3470 1388 694
800k Builder Grade 3000sf 3966 1586 793
900k Builder Grade 4000sf 4462 1785 892
1M Builder Grade 4000sf 4958 1983 991
1.25M Builder Grade 5000sf 6198 2479 1239
1.5M Builder Grade 5000sf 7437 2975 1487
1.75M Designer Grade 3000sf 8677 3470 1735
2M Designer Grade 3000sf 9917 3966 1983
2.25M Designer Grade 4000sf 11156 4462 2231
2.5M Designer Grade 4000sf 12396 4958 2479
2.75M Designer Grade 5000sf 13635 5454 2727
3M Designer Grade 5000sf 14875 5950 2975
3.5M Estate Grade 3000sf 17354 6941 3470
4M Estate Grade 3000sf 19834 7933 3966
4.5M Estate Grade 4000sf 22313 8925 4462
5M Estate Grade 4000sf 24792 9917 4958
7.5M Estate Grade 7000sf 37188 14875 7437
10M Estate Grade 7000sf 49585 19834 9917