How much does a Cost Estimators actually take home in Minnesota?
Progressive (up to 9.8%) — 25.6% effective total tax rateData: BLS OEWS 2024 + IRS/State Tax Brackets 2024 • Updated 2026-04-06
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Detailed line-by-line tax calculation for a Cost Estimators earning $79,260 in Minnesota (single filer, standard deduction).
| Tax Component | Annual Amount | Effective Rate |
|---|---|---|
| Gross Salary (Median) | $79,260 | — |
| Federal Income Tax | -$9,278 | 11.7% |
| Minnesota State Income Tax | -$4,953 | 6.2% |
| Social Security (OASDI) | -$4,914 | 6.2% |
| Medicare | -$1,149 | 1.4% |
| Total Taxes | -$20,295 | 25.6% |
| Take-Home Pay | $58,964 | 74.4% |
Take-home pay varies significantly across experience levels. Here is the after-tax breakdown for each salary percentile of Cost Estimators in Minnesota.
| Percentile | Gross Salary | Total Taxes | Take-Home Pay | Tax Rate |
|---|---|---|---|---|
| 10th Percentile (P10) | $53,260 | -$11,667 | $41,592 | 21.9% |
| 25th Percentile (P25) | $63,890 | -$14,692 | $49,197 | 23.0% |
| Median (P50) | $79,260 | -$20,295 | $58,964 | 25.6% |
| 75th Percentile (P75) | $97,900 | -$27,089 | $70,810 | 27.7% |
| 90th Percentile (P90) | $120,180 | -$35,536 | $84,643 | 29.6% |
After federal income tax ($9,278), state tax ($4,953), and FICA ($6,063), a Cost Estimators in Minnesota takes home $58,964 per year — or $4,913 per month. The effective tax rate of 25.6% is moderate compared to the national range.
Where does a Cost Estimators keep the most of their paycheck? Top 10 states ranked by after-tax take-home pay.
Minnesota ranks #15 out of 51 states for Cost Estimators after-tax take-home pay.
A Cost Estimators in Minnesota earning a median salary of $79,260 will take home approximately $58,964 per year after federal income tax ($9,278), state income tax ($4,953), and FICA ($6,063). That is $4,913 per month or $2,267 per bi-weekly paycheck.
The effective total tax rate for a Cost Estimators in Minnesota is 25.6%, broken down as: federal income tax 11.7%, Minnesota state tax 6.2%, 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 Cost Estimators's median salary of $79,260, the state income tax amounts to $4,953 per year, which is an effective state rate of 6.2%.
After all taxes, a Cost Estimators in Minnesota takes home approximately $4,913 per month, or about $28.35 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 2024 BLS median salary of $79,260 for Cost Estimators 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 — $58,964/yr — does not include local taxes, pre-tax deductions (401k, HSA), or tax credits.
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