Minnesota Paycheck & Take-Home Pay Calculator
Estimate your MN net pay after Federal, State, and FICA taxes
Weekly
Bi-weekly (Every 2 weeks)
Semi-monthly (Twice a month)
Monthly
Single
Married Filing Jointly
Paycheck Summary
Gross Pay
$0.00
Federal Income Tax
-$0.00
Social Security (6.2%)
-$0.00
Medicare (1.45%)
-$0.00
Minnesota State Tax
-$0.00
Net Take-Home Pay
$0.00
Understanding Your Minnesota Paycheck
Living and working in the "Land of 10,000 Lakes" means navigating a progressive tax system. Whether you are working in Minneapolis, St. Paul, or Rochester, your paycheck is subject to several withholdings before it hits your bank account. This calculator provides a realistic estimate of your take-home pay based on 2024 Minnesota tax brackets and federal regulations.
Minnesota Income Tax Brackets (2024)
Minnesota utilizes a progressive tax system with four brackets. For the 2024 tax year, the rates are:
- 5.35% on the first $31,690 of taxable income.
- 6.80% on income between $31,691 and $102,390.
- 7.85% on income between $102,391 and $166,040.
- 9.85% on income over $166,040.
*Note: Bracket thresholds vary based on filing status. The calculator adjusts for Single vs. Married filing status automatically.
Federal Taxes and FICA
Regardless of the state you live in, the federal government requires two primary withholdings:
- Federal Income Tax: Determined by your annual earnings and filing status.
- FICA (Federal Insurance Contributions Act): This includes Social Security (6.2%) and Medicare (1.45%). Employers match these amounts, but your portion is deducted directly from your gross earnings.
Example Calculation
If you earn $65,000 annually in Minnesota as a single filer:
- Gross Bi-weekly Pay: $2,500.00
- FICA Taxes: Roughly $191.25
- Federal Withholding: Approx. $268.00
- Minnesota State Tax: Approx. $115.00
- Estimated Take-Home: ~$1,925.75
How to Increase Your Take-Home Pay
While you cannot avoid legally mandated taxes, you can reduce your taxable income by contributing to pre-tax accounts such as a 401(k), 403(b), or a Health Savings Account (HSA). Since these contributions are taken out before taxes are calculated, they lower the total "Gross" amount the government can tax, effectively increasing your long-term wealth while lowering your current tax burden.