Paycheck Atlas

Is $50k a good salary in Minneapolis, MN?

tight A $50k salary is 50% below the median household income here ($99,833). After tax you take home about $3,246 a month, and median rent ($1,440) takes 44% of that.

$38,955 take-home a year
Gross pay$50,000
Federal income tax−$3,820
Social Security + Medicare−$3,825
Minnesota income tax (approx.)−$3,400
Monthly take-home$3,246
Every two weeks$1,498
$47,700What $50k buys in Minneapolis, MN, expressed in average-US prices (price level 104.8).
44%Rent share of take-home. Under 25% is comfortable, 25–35% workable, above 35% tight.

Jobs that pay about $50k in Minneapolis, MN

Other salaries in Minneapolis, MN

Median household income and rent: Census 2024 ACS 5-year. Household income covers all earners, so compare with care if you live alone. Take-home is an estimate for a single filer.