2026 Tax Year · Single Filer · Minnesota

$29 an Hour in Minnesota — After-Tax Take-Home (2026)

At $29/hour (2,080 hours/year), your gross annual income is $60,320. After federal income tax, Social Security, Medicare, and Minnesota state income tax, your take-home pay is $23.12/hr. In Minnesota's medium cost-of-living environment, this is enough to get by in Minnesota, though budget carefully.

Gross Annual
$60,320
Net Annual
$48,100
Net Monthly
$4,008
Net Hourly
$23.12

Pay Period Breakdown

Period Gross Tax Net
Hourly $29.00 $5.88 $23.12
Daily (8 hrs) $232.00 $47.00 $185.00
Weekly (40 hrs) $1,160.00 $235.01 $924.99
Biweekly $2,320.00 $470.01 $1,849.99
Monthly $5,026.67 $1,018.36 $4,008.31
Annual $60,320 $12,220 $48,100

Full Tax Breakdown — Minnesota, Single Filer

Item Rate / Notes Amount
Gross Annual Income $29/hr × 2,080 hrs $60,320
Federal Standard Deduction Single 2026 −$16,100
Federal Taxable Income $44,220
Federal Income Tax 8.4% −$5,058.40
Social Security (6.2%) up to $168,600 −$3,739.84
Medicare (1.45%) −$874.64
Minnesota Standard Deduction Single 2026 −$16,100
Minnesota State Income Tax 4.2% −$2,547.46
Total Tax 20.3% effective −$12,220.34
Net Take-Home $48,100

How Does Minnesota Compare?

See how $29/hr take-home differs in other states at the same wage:

State State Tax Net Monthly Net Annual
California $1,884.64 $4,064/mo $48,762 Florida None $4,221/mo $50,647 New York $2,630.57 $4,001/mo $48,017 Texas None $4,221/mo $50,647 Washington None $4,221/mo $50,647
Open Full Calculator for Minnesota — $29/hr →

Equivalent Annual Salary Pages

$29/hr = $60,320/year gross. See the full state-by-state salary breakdown:

$60,320 salary in Minnesota — full breakdown $60,320 after tax in Minnesota $60,320 salary to hourly Minnesota paycheck calculator

Adjacent Rates in Minnesota

$26/hr in Minnesota$27/hr in Minnesota$28/hr in Minnesota$30/hr in Minnesota$31/hr in Minnesota$32/hr in Minnesota

Same Rate, Other States

$29/hr in Alabama$29/hr in Alaska$29/hr in Arizona$29/hr in Arkansas$29/hr in California$29/hr in Colorado

Cost of Living in Minnesota

⚠ Tight — $29/hr is borderline in Minnesota
  • Avg 1BR rent in Minneapolis: $1,250/mo — within budget (25% of gross monthly)
  • Minimum comfortable income in Minnesota: $42,000/yr
  • Your net annual: $48,100 ($6,100 above comfortable threshold)
  • Purchasing power equivalent in Texas: ~$29/hr

Working at $29/hr in Minnesota

At this level in Minnesota the progressive tax structure takes a significant bite — effective state rates often reach 7–8%. The strong corporate presence (Fortune 500 companies per capita is among the highest in the US) means high-skill workers are well compensated to offset the higher taxes.

At ${rate}/hr, you work roughly 55 hours each month to cover a typical 1BR in Minneapolis (${rent.toLocaleString()}/mo) -- that's within the 30% gross income guideline. This wage is 2.6x Minnesota's minimum wage of ${ctx.minWage}/hr. Your combined effective tax rate at ${rate}/hr in Minnesota is 20.3% -- federal income tax accounts for 8.4%, FICA 7.7%, and Minnesota state tax 4.2%.

Minnesota has a highly educated workforce and strong corporate base — Target, UnitedHealth Group, 3M, General Mills, and Best Buy are all headquartered here. The Twin Cities metro has a diverse, resilient economy. Healthcare, finance, retail, and manufacturing are major sectors.

Minnesota has a progressive income tax with a top rate of 9.85% — one of the highest in the Midwest. The brackets are steep: the 6.8% rate applies above ~$29k for single filers. This creates a noticeably higher state tax burden at mid and upper incomes relative to neighboring Wisconsin or Iowa.

Minnesota's minimum wage is $11.13/hr for large employers (2026).

Monthly Budget on $29/hr in Minnesota

Based on $4,008/month take-home. Percentages follow common 50/30/20 guidelines adjusted for Minnesota's cost of living.

Category Monthly Annual % of Net
Rent / Housing $1,250 $15,000 31.2%
Food (groceries + dining) $481 $5,772 12.0%
Transportation $401 $4,812 10.0%
Utilities $240 $2,880 6.0%
Healthcare $200 $2,400 5.0%
Entertainment $200 $2,400 5.0%
Savings (10% target) $401 $4,812 10.0%
Remaining / Surplus $835 $10,020 20.8%

Overtime Pay — $29/hr in Minnesota

At time-and-a-half ($43.50/hr), here's what overtime adds to your annual net income in Minnesota. Your marginal tax rate at this income level is ~20.3%.

Extra Hours/Week OT Gross/Week Net/Week (est.) Added Net/Year
5 hrs/week $218 $173 $8,650
10 hrs/week $435 $347 $17,350
20 hrs/week $870 $694 $34,700

Hours to Afford Common Purchases at $29/hr

How many hours of work (gross) to buy common items. Actual cost in after-tax hours is higher — divide by your $23.12 net hourly rate for the true cost in time.

Purchase Price Gross Hours Net Hours
Tank of gas (12 gal) $50 1.8 hrs 2.2 hrs
Week of groceries $120 4.2 hrs 5.2 hrs
iPhone 16 (base) $799 27.6 hrs 34.6 hrs
1 month rent (Minneapolis) $1,250 43.2 hrs 54.1 hrs
Used car ($10k) $10,000 344.9 hrs 432.5 hrs
Median new car ($48k) $48,000 1655.2 hrs 2075.7 hrs

Frequently Asked Questions

29 an hour -- is it a good wage in Minnesota?

29/hr in Minnesota gives you $48,100/year after taxes -- enough to get by in Minnesota, though budget carefully. Avg 1BR rent in Minneapolis: $1,250/month (within the 30% rule).

What is 29 an hour after taxes in Minnesota?

29/hr in Minnesota = $48,100/year or $4,008/month net. Effective rate: 20.3%.

How does 29/hr go further -- Minnesota or Texas?

29/hr in Minnesota has similar purchasing power to ~29/hr in Texas.

What does 29/hr look like as a monthly budget in Minnesota?

On $4,008/month in Minnesota: rent $1,250, food $481, transport $401, savings $401, surplus ~$835.

How much does overtime add at 29/hr in Minnesota?

At 1.5x (43.50/hr OT), 5 extra hrs/week adds ~$8,650/year net; 10 hrs/week adds ~$17,350/year.