Minneapolis, MN 55416

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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 162
Days Above 95°F 1
Rainy Days 101
Humid Days 101
Days in 40s 38
Days in 50s 34
Days in 60s 43
Days in 70s 52
Days in 80s 66
Days in 90s 20
Days in 100s 0
Good Weather Range Good Weather Probability National Rank
10°F - 70°F 62% 16%
20°F - 70°F 62% 16%
30°F - 70°F 50% 50%
40°F - 70°F 31% 77%
50°F - 70°F 21% 84%
10°F - 80°F 76% 22%
20°F - 80°F 76% 22%
30°F - 80°F 64% 56%
40°F - 80°F 45% 87%
50°F - 80°F 35% 91%
10°F - 90°F 94% 30%
20°F - 90°F 94% 30%
30°F - 90°F 82% 70%
40°F - 90°F 63% 89%
50°F - 90°F 53% 91%
10°F - 100°F 100% 23%
20°F - 100°F 100% 23%
30°F - 100°F 88% 89%
40°F - 100°F 69% 92%
50°F - 100°F 58% 91%

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 454751
Median Days on Market 24
3000SF Builder Grade Projected Cost 715645
3000SF Designer Grade Projected Cost 1789113
3000SF Estate Grade Projected Cost 3578226
Budget Level Builder Home SF Designer Home SF Estate Home SF
100k Unstable 419 167 83
200k Unstable 838 335 167
300k Builder Grade 1000sf 1257 503 251
400k Builder Grade 1000sf 1676 670 335
500k Builder Grade 2000sf 2096 838 419
600k Builder Grade 2000sf 2515 1006 503
700k Builder Grade 2000sf 2934 1173 586
800k Builder Grade 3000sf 3353 1341 670
900k Builder Grade 3000sf 3772 1509 754
1M Builder Grade 4000sf 4192 1676 838
1.25M Builder Grade 5000sf 5240 2096 1048
1.5M Builder Grade 5000sf 6288 2515 1257
1.75M Builder Grade 5000sf 7336 2934 1467
2M Designer Grade 3000sf 8384 3353 1676
2.25M Designer Grade 3000sf 9432 3772 1886
2.5M Designer Grade 4000sf 10480 4192 2096
2.75M Designer Grade 4000sf 11528 4611 2305
3M Designer Grade 5000sf 12576 5030 2515
3.5M Designer Grade 5000sf 14672 5868 2934
4M Estate Grade 3000sf 16768 6707 3353
4.5M Estate Grade 3000sf 18864 7545 3772
5M Estate Grade 4000sf 20960 8384 4192
7.5M Estate Grade 6000sf 31440 12576 6288
10M Estate Grade 7000sf 41920 16768 8384