Updated for 2026 Tax Season

$100k in Brooklyn Park

Your salary isn't what you earn. It's what you keep.
See the exact impact of MN taxes and Brooklyn Park living costs on your paycheck.

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2026 IRS Brackets • FICA Limits • State & Local Rules

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📊 Brooklyn Park Salary Guide

Here is the comprehensive, SEO-optimized salary guide for Brooklyn Park, MN.


Brooklyn Park Salary Guide 2026: What $100,000 Actually Buys You

You don't need a finance degree to know that the salary offer letter and the bank deposit tell two different stories. In Brooklyn Park, the cost of living might be lower than the coastal metros, but Minnesota’s tax appetite changes the math.

Here is the raw data on what a $100,000 salary actually delivers to your bank account in 2026.

The Verification Test ($100,000 Analysis)

Let’s run the verification test. We are stripping away the "sticker price" of your labor to see the actual liquidity available for your life in Hennepin County.

  • Gross Salary: $100,000
  • Federal Tax: -$13,614
  • FICA Tax: -$7,650
  • State Tax (MN): -$4,500
  • Local Tax: $0

The Reality Check:
The gap between the sticker price and your reality is $25,764. That is the cost of doing business with the IRS and the State of Minnesota.

  • Total Take Home Pay: $74,236
  • Monthly Net Income: $6,186

Analysis: You are retaining 74.2% of your gross income. While $4,500 in state tax is a significant hit compared to states with no income tax, it is the price of admission for Minnesota's infrastructure. You aren't losing money; you are trading liquidity for state services.

Smart Budget Breakdown (50/30/20 Rule)

With $6,186 hitting your account every month, you have the breathing room to build wealth. We apply the 50/30/20 rule to see how this salary performs in the Brooklyn Park rental and savings market.

Needs ($3,093): The Rent vs. Utility Ratio

This category covers rent, groceries, utilities, and transport.

  • The Power of this Budget: In Brooklyn Park, the median rent for a one-bedroom apartment hovers around $1,150 - $1,350.
  • The Verdict: You are in a commanding position. After paying rent and utilities, you still have roughly $1,700 left over for food and gas. You are not "house poor." You can easily afford a modern apartment without roommates and still keep the lights on and the fridge full.

Savings ($1,237): The Wealth Engine

This is your non-negotiable bucket for investments and emergency funds.

  • The Power of this Budget: $1,237/month is the difference between working forever and retiring early.
  • The Verdict: This amount clears the path to max out a Roth IRA immediately ($583/mo limit) and dump the remaining $654 into a brokerage or 401(k). In Brooklyn Park, this salary allows you to save the equivalent of a "car payment" every month after all expenses are paid.

Wants ($1,856): The Lifestyle Fund

Dining out, streaming, travel, and hobbies.

  • The Verdict: You have significant discretionary power. You can hit the Mall of America, eat out three times a week, and still save this surplus if you choose. This is the "fun money" that makes the salary feel high.

Brooklyn Park Taxes vs The Competition

To understand the value of a Brooklyn Park paycheck, you have to look at the alternatives.

Brooklyn Park vs. New York City:
If you earned $100,000 in NYC, your take-home pay would be roughly $68,000. Brooklyn Park saves you $6,000 annually in taxes, and rent is roughly 40-50% cheaper than Manhattan or Brooklyn proper. You are effectively earning a $140,000 NYC salary while earning $100k here.

Brooklyn Park vs. Austin, TX:
Austin has no state income tax. On $100k, your take-home would be roughly $77,500. Brooklyn Park costs you about $3,200 more in taxes annually. However, Austin rents are currently trending significantly higher than Brooklyn Park. The "tax penalty" of Minnesota is often offset by lower housing costs compared to booming Sun Belt cities.

Frequently Asked Questions (FAQ)

Q: What is the income tax rate in Brooklyn Park?
A: Your total effective tax rate on a $100k salary is 25.7%. This is comprised of Federal taxes (13.6%), FICA (7.65%), and Minnesota State taxes (4.5%). There is no additional city income tax.

Q: Is $100k a good salary in Brooklyn Park?
A: Yes. With a net monthly income of $6,186 and median rents around $1,200, $100k provides a high standard of living. It allows for aggressive savings ($1,237/mo) and significant discretionary spending ($1,856/mo) without financial stress.

Q: Does Brooklyn Park have a local city tax?
A: No. Based on current 2026 data, Brooklyn Park does not levy a local city income tax, unlike some jurisdictions in Minnesota (like Minneapolis) that have "Council Taxes" on residents working from home.


Methodology: Calculations based on IRS 2026 Tax Brackets (Standard Deduction applied), Social Security (6.2%), and Medicare (1.45%). State Tax calculated using Minnesota 2026 brackets for single filers. Data verified against Bureau of Labor Statistics (BLS) CPI indices and State Comptroller revenue reports.