Minneapolis, MN 55428

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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 324610
Median Days on Market 19
3000SF Builder Grade Projected Cost 485959
3000SF Designer Grade Projected Cost 1214899
3000SF Estate Grade Projected Cost 2429798
Budget Level Builder Home SF Designer Home SF Estate Home SF
100k Unstable 617 246 123
200k Builder Grade 1000sf 1234 493 246
300k Builder Grade 1000sf 1852 740 370
400k Builder Grade 2000sf 2469 987 493
500k Builder Grade 3000sf 3086 1234 617
600k Builder Grade 3000sf 3704 1481 740
700k Builder Grade 4000sf 4321 1728 864
800k Builder Grade 4000sf 4938 1975 987
900k Builder Grade 5000sf 5556 2222 1111
1M Builder Grade 5000sf 6173 2469 1234
1.25M Designer Grade 3000sf 7716 3086 1543
1.5M Designer Grade 3000sf 9260 3704 1852
1.75M Designer Grade 4000sf 10803 4321 2160
2M Designer Grade 4000sf 12346 4938 2469
2.25M Designer Grade 5000sf 13890 5556 2778
2.5M Estate Grade 3000sf 15433 6173 3086
2.75M Estate Grade 3000sf 16976 6790 3395
3M Estate Grade 3000sf 18520 7408 3704
3.5M Estate Grade 4000sf 21606 8642 4321
4M Estate Grade 4000sf 24693 9877 4938
4.5M Estate Grade 5000sf 27780 11112 5556
5M Estate Grade 6000sf 30866 12346 6173
7.5M Estate Grade 7000sf 46300 18520 9260
10M Estate Grade 7000sf 61733 24693 12346