Minnesota Salary Overview 2026
| Metric | Minnesota 2026 |
|---|---|
| Minimum Wage | $11.13/hour (~$23,150/year full-time) |
| Median Household Income | $84,313/year |
| State Income Tax | 5.35%–9.85% |
| Cost of Living Index | 103 (US avg = 100) — near average |
Minnesota Take-Home Pay Estimates (2026)
| Annual Salary | Federal Tax (est.) | State Tax (est.) | FICA | Est. Take-Home |
|---|---|---|---|---|
| $40,000 | ~$4,562 | ~$2,364 | ~$3,060 | ~$30,015 (~$2,501/mo) |
| $55,000 | ~$7,014 | ~$3,250 | ~$4,208 | ~$40,528 (~$3,377/mo) |
| $70,000 | ~$10,314 | ~$4,137 | ~$5,355 | ~$50,194 (~$4,183/mo) |
| $85,000 | ~$13,614 | ~$5,023 | ~$6,503 | ~$59,860 (~$4,988/mo) |
| $100,000 | ~$16,914 | ~$5,910 | ~$7,650 | ~$69,526 (~$5,794/mo) |
| $130,000 | ~$24,048 | ~$7,683 | ~$9,945 | ~$88,325 (~$7,360/mo) |
| $160,000 | ~$31,248 | ~$9,456 | ~$12,240 | ~$107,057 (~$8,921/mo) |
Estimates for single filer taking standard deduction. Actual amounts vary based on filing status, deductions, and local taxes.
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Use the Free Calculator →Frequently Asked Questions
What is the minimum wage in Minnesota in 2026?
The Minnesota minimum wage is $11.13 per hour as of 2026, equal to approximately $23,150 per year for full-time (40 hrs/week) workers.
What is a good salary in Minnesota?
The median household income in Minnesota is $84,313. With a cost of living index of 103 (US = 100), $$84,313 goes relatively far in Minnesota.
How much of my paycheck goes to taxes in Minnesota?
In Minnesota, you pay federal tax, FICA (7.65%), and state income tax of 5.35%–9.85%. On a $70,000 salary, expect to keep roughly 68–73% of your gross pay.
Related: Hourly to Salary · Pay Conversion Chart