Minneapolis, MN 55430

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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 289142
Median Days on Market 16
3000SF Builder Grade Projected Cost 487583
3000SF Designer Grade Projected Cost 1218957
3000SF Estate Grade Projected Cost 2437915
Budget Level Builder Home SF Designer Home SF Estate Home SF
100k Unstable 615 246 123
200k Builder Grade 1000sf 1230 492 246
300k Builder Grade 1000sf 1845 738 369
400k Builder Grade 2000sf 2461 984 492
500k Builder Grade 3000sf 3076 1230 615
600k Builder Grade 3000sf 3691 1476 738
700k Builder Grade 4000sf 4306 1722 861
800k Builder Grade 4000sf 4922 1968 984
900k Builder Grade 5000sf 5537 2215 1107
1M Builder Grade 5000sf 6152 2461 1230
1.25M Designer Grade 3000sf 7690 3076 1538
1.5M Designer Grade 3000sf 9229 3691 1845
1.75M Designer Grade 4000sf 10767 4306 2153
2M Designer Grade 4000sf 12305 4922 2461
2.25M Designer Grade 5000sf 13843 5537 2768
2.5M Estate Grade 3000sf 15381 6152 3076
2.75M Estate Grade 3000sf 16920 6768 3384
3M Estate Grade 3000sf 18458 7383 3691
3.5M Estate Grade 4000sf 21534 8613 4306
4M Estate Grade 4000sf 24611 9844 4922
4.5M Estate Grade 5000sf 27687 11075 5537
5M Estate Grade 6000sf 30763 12305 6152
7.5M Estate Grade 7000sf 46145 18458 9229
10M Estate Grade 7000sf 61527 24611 12305