Minerva, NY — income, home value, property tax, and sales tax.
In ZIP code 12946, which takes in Minerva, households bring in a median of $77,548 a year, while per-capita income reaches $57,268. With a median home value of $467,000, property taxes at the county's 1.47% rate would run about $6,865 annually, a real line item against that income. Add the 8.00% combined sales tax on purchases, and daily spending carries its own premium. Budgeting here means weighing a sizable housing cost and elevated sales tax against earnings that, while solid, leave little slack once the tax obligations tied to owning a home are accounted for.
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