Minnesota Retirement Income Tax Calculator
Minnesota taxes a portion of Social Security benefits.
Minnesota retirement income tax estimator
Minnesota taxes a portion of Social Security benefits.
Minnesota tax —
After state tax —
Effective state rate —
Minnesota at a glance
| Figure | Minnesota | Source |
|---|---|---|
| Taxes Social Security? | Yes (partially) | [2] |
| Top marginal rate | 9.85% | [2] |
| Taxes pension income? | Generally yes | [2] |
| Cost of living index | 93.4 | [1] |
Minnesota highlighted. Same data as the table below, shown as a distribution so the comparison is visible at a glance.
Highlighted: Minnesota, ranked 6 of 50. Median 4.55%.
Minnesota state tax by retirement income mix
Annual Minnesota tax on each combination of Social Security and other retirement income.
| Social Security | No other income | +$10,000 other | +$20,000 other | +$30,000 other | +$45,000 other | +$60,000 other | +$80,000 other | +$110,000 other |
|---|---|---|---|---|---|---|---|---|
| $9,000 | $754 | $1,739 | $2,724 | $3,709 | $5,186 | $6,664 | $8,634 | $11,589 |
| $12,000 | $1,005 | $1,990 | $2,975 | $3,960 | $5,437 | $6,915 | $8,885 | $11,840 |
| $15,000 | $1,256 | $2,241 | $3,226 | $4,211 | $5,688 | $7,166 | $9,136 | $12,091 |
| $18,000 | $1,507 | $2,492 | $3,477 | $4,462 | $5,940 | $7,417 | $9,387 | $12,342 |
| $21,000 | $1,758 | $2,743 | $3,728 | $4,713 | $6,191 | $7,668 | $9,638 | $12,593 |
| $24,000 | $2,009 | $2,994 | $3,979 | $4,964 | $6,442 | $7,919 | $9,889 | $12,844 |
| $27,000 | $2,261 | $3,246 | $4,231 | $5,216 | $6,693 | $8,171 | $10,141 | $13,096 |
| $30,000 | $2,512 | $3,497 | $4,482 | $5,467 | $6,944 | $8,422 | $10,392 | $13,347 |
| $33,000 | $2,763 | $3,748 | $4,733 | $5,718 | $7,195 | $8,673 | $10,643 | $13,598 |
| $36,000 | $3,014 | $3,999 | $4,984 | $5,969 | $7,447 | $8,924 | $10,894 | $13,849 |
| $39,000 | $3,265 | $4,250 | $5,235 | $6,220 | $7,698 | $9,175 | $11,145 | $14,100 |
| $42,000 | $3,516 | $4,501 | $5,486 | $6,471 | $7,949 | $9,426 | $11,396 | $14,351 |
| $45,000 | $3,768 | $4,753 | $5,738 | $6,723 | $8,200 | $9,678 | $11,648 | $14,603 |
| $48,000 | $4,019 | $5,004 | $5,989 | $6,974 | $8,451 | $9,929 | $11,899 | $14,854 |
| $54,000 | $4,521 | $5,506 | $6,491 | $7,476 | $8,954 | $10,431 | $12,401 | $15,356 |
Worked figures for Minnesota
Minnesota values:
| Profile | Gross | State Tax | Net | Effective |
|---|---|---|---|---|
| $18,000 SS + $0 pension + $5,000 401k | $23,000 | $2,000 | $21,000 | 8.69% |
| $24,000 SS + $0 pension + $10,000 401k | $34,000 | $2,994 | $31,006 | 8.81% |
| $24,000 SS + $12,000 pension + $10,000 401k | $46,000 | $4,176 | $41,824 | 9.08% |
| $30,000 SS + $20,000 pension + $15,000 401k | $65,000 | $5,959 | $59,041 | 9.17% |
| $30,000 SS + $30,000 pension + $20,000 401k | $80,000 | $7,437 | $72,563 | 9.30% |
| $36,000 SS + $40,000 pension + $25,000 401k | $101,000 | $9,417 | $91,583 | 9.32% |
| $42,000 SS + $50,000 pension + $40,000 401k | $132,000 | $12,381 | $119,619 | 9.38% |
| $48,000 SS + $60,000 pension + $50,000 401k | $158,000 | $14,854 | $143,146 | 9.40% |
How Minnesota compares nationally
On top marginal income tax rate, Minnesota ranks #6 of 50 at 9.85% — 116% above the median of 4.55%. The national range runs from 0.00% (Wyoming) to 13.30% (California).
| Rank | State | Top marginal income tax rate |
|---|---|---|
| #4 | New Jersey | 10.75% |
| #5 | Oregon | 9.90% |
| #6 | Minnesota | 9.85% |
| #7 | Massachusetts | 9.00% |
| #8 | Vermont | 8.75% |
Taxes Social Security benefitss, ranked
Same rule structure as Minnesota:
| State | Top marginal income tax rate | vs Minnesota |
|---|---|---|
| Minnesota | 9.85% | — |
| Rhode Island | 5.99% | -39.2% |
| Colorado | 4.40% | -55.3% |
Minnesota questions, answered with Minnesota numbers
Does Minnesota tax Social Security?▾
Yes, Minnesota taxes a portion of Social Security benefits.
What would a $65,000 retirement income cost in Minnesota tax?▾
On $30,000 Social Security, $20,000 pension and $15,000 of 401(k) withdrawals, Minnesota would take about $5,959 — an effective state rate of 9.17%, leaving $59,041.
Is Minnesota a good state to retire in on taxes alone?▾
Minnesota's top marginal rate is 9.85% and its cost of living index is 93.4. Tax is only one input — housing at a $357,000 median matters at least as much.
Other taxes social security benefitss
Last reviewed 2026-08-26. Minnesota figures only — verify with the relevant Minnesota agency before acting. How this is calculated.