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Minnesota Paycheck Calculator (2026)

Updated June 9, 2026 for 2026 federal & Minnesota state tax law. Reviewed by the ReturnMyTax editorial team.

Bottom line: A $62,000 salary in Minnesota takes home about $49,222 per year ($4,102 per month) after federal tax ($5,270), MN state tax ($2,765), and FICA ($4,743) - an effective tax rate of 20.6%.

Take-home pay in Minnesota by salary (2026, single filer)

Gross salaryFederalMN stateFICATake-homeEff. rate
$40,000$2,630$1,360$3,060$32,95017.6%
$60,000$5,030$2,629$4,590$47,75120.4%
$80,000$8,972$3,989$6,120$60,91923.9%
$100,000$13,372$5,349$7,650$73,62926.4%
$150,000$24,983$9,078$11,475$104,46430.4%

Minnesota levies a graduated state income tax with a top marginal rate of 9.85%. Minnesota has one of the highest top rates at 9.85% and provides its own standard deduction amounts.

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Minnesota paycheck FAQ

How much is take-home pay on $62,000 in Minnesota?

About $49,222 per year ($4,102/month) after federal, MN state, and FICA taxes - an effective rate of 20.6%.

Does Minnesota have a state income tax?

Yes. Minnesota has a graduated state income tax with a top rate of 9.85%.

What is the Minnesota income tax rate for 2026?

Minnesota's top marginal state income tax rate is 9.85% for 2026.

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Estimates based on 2026 federal tax brackets (IRS), Minnesota state tax brackets, and 2026 FICA rates (Social Security 6.2% up to $176,100, Medicare 1.45%). Single filer, standard deduction, wages only. Not tax advice - verify with a professional or IRS.gov. Full calculator for your exact situation.