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Minnesota State Wire

Tuesday, September 16, 2025

Minnesota collects $350 million in property tax revenue in Q4 2020

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Minnesota collected $350 million in property taxes during the fourth quarter of 2020, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

In addition to detailed tax revenue data from each state, the Quarterly Summary of State and Local Government Tax Revenue includes an estimate of state and local government tax revenue at a national level.

The Census Bureau cautions that it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.

Overall, Minnesota collected $7.1 billion in combined tax revenues in the fourth quarter.

Fourth Quarter Minnesota Tax Collections
Type of TaxAmount (in millions of dollars)
Property Taxes$350
Sales and Gross Receipts Taxes$2,901
Income Taxes$3,318
License Taxes$362
Other Taxes$144
Source: U.S. Census Bureau

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