Minneapolis, MN 55418

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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 365798
Median Days on Market 14
3000SF Builder Grade Projected Cost 589760
3000SF Designer Grade Projected Cost 1474402
3000SF Estate Grade Projected Cost 2948804
Budget Level Builder Home SF Designer Home SF Estate Home SF
100k Unstable 508 203 101
200k Builder Grade 1000sf 1017 406 203
300k Builder Grade 1000sf 1526 610 305
400k Builder Grade 2000sf 2034 813 406
500k Builder Grade 2000sf 2543 1017 508
600k Builder Grade 3000sf 3052 1220 610
700k Builder Grade 3000sf 3560 1424 712
800k Builder Grade 4000sf 4069 1627 813
900k Builder Grade 4000sf 4578 1831 915
1M Builder Grade 5000sf 5086 2034 1017
1.25M Builder Grade 5000sf 6358 2543 1271
1.5M Designer Grade 3000sf 7630 3052 1526
1.75M Designer Grade 3000sf 8901 3560 1780
2M Designer Grade 4000sf 10173 4069 2034
2.25M Designer Grade 4000sf 11445 4578 2289
2.5M Designer Grade 5000sf 12717 5086 2543
2.75M Designer Grade 5000sf 13988 5595 2797
3M Estate Grade 3000sf 15260 6104 3052
3.5M Estate Grade 3000sf 17803 7121 3560
4M Estate Grade 4000sf 20347 8138 4069
4.5M Estate Grade 4000sf 22890 9156 4578
5M Estate Grade 5000sf 25434 10173 5086
7.5M Estate Grade 7000sf 38151 15260 7630
10M Estate Grade 7000sf 50868 20347 10173