Last updated: 2025 BLS data · Page refreshed:
How much does a Budget Analysts actually take home in Minnesota?
Progressive (up to 9.8%) — 26.5% effective total tax rateData: BLS OEWS 2025 + IRS/State Tax Brackets 2024 • Updated 2026-05-19
Detailed line-by-line tax calculation for a Budget Analysts earning $85,970 in Minnesota (single filer, standard deduction).
| Tax Component | Annual Amount | Effective Rate |
|---|---|---|
| Gross Salary (Median) | $85,970 | — |
| Federal Income Tax | -$10,754 | 12.5% |
| Minnesota State Income Tax | -$5,409 | 6.3% |
| Social Security (OASDI) | -$5,330 | 6.2% |
| Medicare | -$1,246 | 1.5% |
| Total Taxes | -$22,741 | 26.5% |
| Take-Home Pay | $63,228 | 73.5% |
Take-home pay varies significantly across experience levels. Here is the after-tax breakdown for each salary percentile of Budget Analysts in Minnesota.
| Percentile | Gross Salary | Total Taxes | Take-Home Pay | Tax Rate |
|---|---|---|---|---|
| 10th Percentile (P10) | $65,160 | -$15,155 | $50,004 | 23.3% |
| 25th Percentile (P25) | $80,000 | -$20,564 | $59,435 | 25.7% |
| Median (P50) | $85,970 | -$22,741 | $63,228 | 26.5% |
| 75th Percentile (P75) | $107,310 | -$30,609 | $76,700 | 28.5% |
| 90th Percentile (P90) | $134,040 | -$41,011 | $93,028 | 30.6% |
After federal income tax ($10,754), state tax ($5,409), and FICA ($6,576), a Budget Analysts in Minnesota takes home $63,228 per year — or $5,269 per month. The effective tax rate of 26.5% is moderate compared to the national range.
A Budget Analysts in Minnesota loses 26.5% of gross pay to taxes — higher than the ~25% national midpoint. Of the $85,970 gross, $63,229 lands in the paycheck after federal ($10,754), state ($5,410), and FICA ($6,577) withholding.
Minnesota uses a progressive state income tax, so brackets escalate as wages rise. For this Budget Analysts salary the state tax works out to $5,410 (6.3% effective) — on top of federal and FICA.
Federal tax on this Budget Analysts salary is $10,754 (47%), but combined state ($5,410, 24%) + FICA ($6,577, 29%) make up the other 53% of the bill.
Moving this same Budget Analysts salary to a zero-state-tax state would yield around $68,639 net — a gain of $5,410 (8.6%) per year versus Minnesota.
Minnesota ranks #36 of 51 states for Budget Analysts after-tax pay — lower half of the national distribution. Either gross wages trail the national median, state tax is elevated, or both.
Translated into paycheck cadences, $63,229 net/year works out to $5,269/month or $2,432/bi-weekly for this Budget Analysts in Minnesota — the numbers that actually hit a checking account after every deduction.
Where does a Budget Analysts keep the most of their paycheck? Top 10 states ranked by after-tax take-home pay.
Minnesota ranks #36 out of 51 states for Budget Analysts after-tax take-home pay.
A Budget Analysts in Minnesota earning a median salary of $85,970 will take home approximately $63,228 per year after federal income tax ($10,754), state income tax ($5,409), and FICA ($6,576). That is $5,269 per month or $2,431 per bi-weekly paycheck.
The effective total tax rate for a Budget Analysts in Minnesota is 26.5%, broken down as: federal income tax 12.5%, Minnesota state tax 6.3%, and FICA (Social Security + Medicare) 7.6%. This assumes a single filer with the standard deduction for 2024.
Minnesota has a progressive (up to 9.8%). On a Budget Analysts's median salary of $85,970, the state income tax amounts to $5,409 per year, which is an effective state rate of 6.3%.
After all taxes, a Budget Analysts in Minnesota takes home approximately $5,269 per month, or about $30.40 per hour (based on a standard 2,080-hour work year). These figures assume a single filer, standard deduction, and no additional pre-tax deductions.
We start with the 2025 BLS median salary of $85,970 for Budget Analysts in Minnesota, then subtract: federal income tax using 2024 IRS brackets ($14,600 standard deduction), Minnesota state income tax (progressive (up to 9.8%)), Social Security (6.2% up to $168,600), and Medicare (1.45%). The result — $63,228/yr — does not include local taxes, pre-tax deductions (401k, HSA), or tax credits.
Some links are affiliate links. See our disclosure.
This estimate assumes a single filer using the 2024 standard deduction ($14,600), with W-2 employment income only. It does not account for: itemized deductions, tax credits (e.g. earned income credit, child tax credit), local/city taxes, pre-tax contributions (401k, HSA, FSA), self-employment tax, or additional income sources. Actual take-home pay may differ. Consult a tax professional for personalized advice.
Our Methodology · Data Sources · Salary: BLS OEWS · Tax: IRS + State DOR