Minneapolis, MN 55423

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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 362614
Median Days on Market 14
3000SF Builder Grade Projected Cost 572542
3000SF Designer Grade Projected Cost 1431355
3000SF Estate Grade Projected Cost 2862711
Budget Level Builder Home SF Designer Home SF Estate Home SF
100k Unstable 523 209 104
200k Builder Grade 1000sf 1047 419 209
300k Builder Grade 1000sf 1571 628 314
400k Builder Grade 2000sf 2095 838 419
500k Builder Grade 2000sf 2619 1047 523
600k Builder Grade 3000sf 3143 1257 628
700k Builder Grade 3000sf 3667 1467 733
800k Builder Grade 4000sf 4191 1676 838
900k Builder Grade 4000sf 4715 1886 943
1M Builder Grade 5000sf 5239 2095 1047
1.25M Builder Grade 5000sf 6549 2619 1309
1.5M Designer Grade 3000sf 7859 3143 1571
1.75M Designer Grade 3000sf 9169 3667 1833
2M Designer Grade 4000sf 10479 4191 2095
2.25M Designer Grade 4000sf 11789 4715 2357
2.5M Designer Grade 5000sf 13099 5239 2619
2.75M Designer Grade 5000sf 14409 5763 2881
3M Estate Grade 3000sf 15719 6287 3143
3.5M Estate Grade 3000sf 18339 7335 3667
4M Estate Grade 4000sf 20959 8383 4191
4.5M Estate Grade 4000sf 23579 9431 4715
5M Estate Grade 5000sf 26198 10479 5239
7.5M Estate Grade 7000sf 39298 15719 7859
10M Estate Grade 7000sf 52397 20959 10479