Accountants and Auditors
Median $39.23 an hour in Minnesota · 30,530 jobs
Minnesota · 2026 take-home pay
$40 an hour after taxes in Minnesota
At $40 an hour in Minnesota you keep about $30.22 of every hour — $1,209 a week, $5,238 a month or $62,861 a year full time — after 2026 federal income tax, Social Security, Medicare, Minnesota income tax and state payroll programs. Minnesota has a graduated income tax plus Minnesota Paid Leave (employee share) — new Jan 1, 2026, and its minimum wage is $11.41 an hour.
Where $40 an hour goes
| A year | A week | An hour | |
|---|---|---|---|
| Gross pay | $83,200 | $1,600 | $40.00 |
| Federal income tax | −$9,474 | −$182 | −$4.55 |
| Social Security (6.2%) | −$5,158 | −$99 | −$2.48 |
| Medicare (1.45%+) | −$1,206 | −$23 | −$0.58 |
| Minnesota income tax | −$4,134 | −$80 | −$1.99 |
| Minnesota Paid Leave (employee share) — new Jan 1, 2026 | −$366 | −$7 | −$0.18 |
| Take-home pay | $62,861 | $1,209 | $30.22 |
Effective tax rate 24.4% · federal bracket 22% · Minnesota bracket 6.8%.
Minnesota Paid Leave (employee share) — new Jan 1, 2026: 0.44% of wages.
Take-home per paycheck
| Paid | Gross | Take-home |
|---|---|---|
| Weekly (52 paychecks) | $1,600.00 | $1,208.86 |
| Every two weeks (26) | $3,200.00 | $2,417.73 |
| Twice a month (24) | $3,466.67 | $2,619.20 |
| Monthly (12) | $6,933.33 | $5,238.41 |
$40 an hour at different hours
Take-home in Minnesota for part-time, full-time and overtime weeks. Overtime is paid at 1.5 times $40 an hour for hours over 40, as federal law requires for most hourly workers.
| Schedule | Gross a week | Take-home a week | Take-home a year |
|---|---|---|---|
| 20 hours a week* | $800 | $654 | $34,016 |
| 30 hours a week | $1,200 | $949 | $49,324 |
| 40 hours a week | $1,600 | $1,209 | $62,861 |
| 40 hours + 5 overtime | $1,900 | $1,398 | $72,706 |
| 40 hours + 10 overtime | $2,200 | $1,588 | $82,551 |
*If this is your only job. With a second job, withholding on each is likely too low unless you adjust your W-4.
Is $40 an hour good pay in Minnesota?
- Minimum wage: $40 an hour is 3.5 times Minnesota's minimum wage of $11.41 an hour. Minneapolis and St. Paul set higher minimums.
- Among Minnesota workers: It's about the 75th percentile of hourly pay in Minnesota (BLS, May 2025) — roughly 75 in 100 workers earn less. The median is $27.36 an hour.
- Local prices: Minnesota's price level is 98.6% of the U.S. average (BEA Regional Price Parities), so $62,861 a year buys about what $63,740 would at national-average prices.
- Rent: the 30% rule points to about $2,080 a month. Check it with your debts.
- A 50/30/20 budget: about $2,619 a month for needs, $1,572 for wants and $1,048 for savings. Plan it in the budget calculator.
Jobs in Minnesota that pay about $40 an hour
Occupations whose median wage in Minnesota is within 4% of $40 an hour, most common first. Source: BLS OEWS May 2025.
Buyers and Purchasing Agents
Median $38.64 an hour in Minnesota · 10,960 jobs
Police and Sheriff's Patrol Officers
Median $40.08 an hour in Minnesota · 9,160 jobs
Securities, Commodities, and Financial Services Sales Agents
Median $40.07 an hour in Minnesota · 8,820 jobs
Compliance Officers
Median $41.31 an hour in Minnesota · 6,140 jobs
Social and Community Service Managers
Median $40.49 an hour in Minnesota · 5,430 jobs
How Minnesota compares on $40 an hour
Minnesota ranks 48th of 51 for take-home pay on $40 an hour (1st = keeps the most). Here it is next to its neighbors.
| State | After tax, per hour | A year | Minimum wage | vs Minnesota |
|---|---|---|---|---|
| Minnesota | $30.22 | $62,861 | $11.41 | — |
| Iowa | $31.18 | $64,851 | $7.25 | +$1,990 a year |
| North Dakota | $32.21 | $66,998 | $7.25 | +$4,137 a year |
| South Dakota | $32.39 | $67,361 | $11.85 | +$4,500 a year |
| Wisconsin | $30.74 | $63,931 | $7.25 | +$1,070 a year |
How the federal tax on $83,200 ($40 an hour) is worked out
Taxable income is $83,200 minus the 2026 standard deduction ($16,100) = $67,100. Each slice is taxed at its own rate:
| Rate | Income in this bracket | Tax |
|---|---|---|
| 10% | $12,400 | $1,240 |
| 12% | $38,000 | $4,560 |
| 22% | $16,700 | $3,674 |
| Total | $67,100 | $9,474 |
How the Minnesota income tax on $83,200 ($40 an hour) is worked out
Taxable income is $83,200 of Minnesota wages minus $15,300 standard deduction = $67,900.
| Rate | Income in this bracket | Tax |
|---|---|---|
| 5.35% | $33,310 | $1,782 |
| 6.8% | $34,590 | $2,352 |
| Total | $67,900 | $4,134 |
Common questions
How much is $40 an hour after taxes in Minnesota?
About $30.22 for every hour you work, or $62,861 a year at 40 hours a week ($83,200 gross). Taxes take about 24.4% of your pay, for a single filer in 2026 with no pre-tax deductions.
How much is $40 an hour a week after taxes in Minnesota?
About $1,209 a week at 40 hours, from $1,600 gross. Paid every two weeks, each paycheck is about $2,418.
How much is $40 an hour a month after taxes in Minnesota?
About $5,238 a month at 40 hours a week, from $6,933 gross.
Is $40 an hour good pay in Minnesota?
$40 an hour is 3.5 times Minnesota's minimum wage of $11.41 an hour. It's about the 75th percentile of hourly pay in Minnesota (BLS, May 2025) — roughly 75 in 100 workers earn less. The median hourly wage for all jobs in Minnesota is $27.36. After taxes and local prices, $62,861 a year buys about what $63,740 would at national-average prices.
Is Minnesota a high-tax state for $40 an hour?
It ranks 48th of 51 among the 50 states and D.C. for take-home on $40 an hour. The most you'd keep is $67,361 a year, in 7 places including Florida, New Hampshire, Nevada; the least, $61,101 in Oregon.
More hourly rates
Other hourly rates in Minnesota
- $36 an hour in Minnesota
- $37 an hour in Minnesota
- $38 an hour in Minnesota
- $39 an hour in Minnesota
- $45 an hour in Minnesota
- $50 an hour in Minnesota
$40 an hour in every state · $80,000 a year in Minnesota · $85,000 a year in Minnesota · Minnesota paycheck calculator · All pay conversions
Sources and method
Our 2026 engine applies IRS Publication 15-T withholding, Social Security and Medicare, Minnesota's income tax rules and Minnesota's employee payroll programs (methodology). Local income taxes are not included. Minimum wages: U.S. Department of Labor. Wage distribution and jobs: BLS OEWS May 2025. Price levels: BEA Regional Price Parities.
- Publication 15-T (2026), Federal Income Tax Withholding Methods — Internal Revenue Service. Accessed October 14, 2026.
- State Minimum Wage Laws — U.S. Department of Labor, Wage and Hour Division. Accessed October 14, 2026.
- Occupational Employment and Wage Statistics, May 2025 — U.S. Bureau of Labor Statistics. Accessed October 14, 2026.
- Regional Price Parities by State — U.S. Bureau of Economic Analysis. Accessed October 14, 2026.