💰 Minnesota

$40,000 After Tax in Minnesota

Including Minnesota's 6.0% state income tax

Your Estimated Take-Home Pay
$31,778/year
From $40,000 gross in Minnesota · 20.6% total tax rate
Monthly
$2,648
Biweekly
$1,222
Weekly
$611
Hourly (net)
$15.28
Federal Tax
$2,762
FICA
$3,060
State Tax
$2,400
Total Tax
$8,222
Tax Breakdown
Federal
$2,762
FICA
$3,060
State
$2,400
Take Home
$31,778

Detailed Tax Breakdown

Gross Salary$40,000
Federal Income Tax−$2,762
Social Security (6.2%)−$2,480
Medicare (1.45%)−$580
Minnesota State Tax (6.0%)−$2,400
Take-Home Pay$31,778

$40,000 Salary in Minnesota

On a $40,000 salary in Minnesota, you can expect to take home approximately $31,778 per year, or about $2,648 per month. Your effective total tax rate is 20.6%.