Minnesota Minimum Wage and Income Tax 2026
What it costs to pay people and earn money in Minnesota.
Minimum wage$11.41per hour
Income tax5.35% to 9.85%
State sales tax6.88%about 8.14% with local tax
Corporate tax9.80%
Minimum wage in Minnesota
The minimum wage is $11.41 an hour, $4.16 above the federal $7.25.
Full time at 40 hours, that is $456 a week or $23,733 a year. It ranks 27 of 51, higher than 24 others.
As of July 1, 2026. Source: U.S. Department of Labor.
Income tax in Minnesota
Minnesota income tax runs from 5.35% to 9.85% across 4 brackets.
The top rate ranks 7 of 51.
Single filers, as of January 1, 2026. Source: Tax Foundation.
Corporate tax in Minnesota
The top corporate income tax rate is 9.80%.
It ranks 2 of 51.
As of April 2, 2026. Source: Tax Foundation.
Sales tax in Minnesota
The state rate is 6.88%. With the average local tax, shoppers pay about 8.14%.
As of July 1, 2026. Source: Tax Foundation.