Center City, MN — income, home value, property tax, and sales tax.
In ZIP 55013, near Center City, homes carry a median value of $397,400 while households earn a median of $109,063 — a ratio that keeps ownership within reach for many buyers. The county's 1.07% effective property tax rate works out to roughly $4,250 annually on that median home, a sum that consumes under four percent of typical household income. Per-capita income sits at $48,060. A combined sales tax of 7.38% applies to purchases. Together these figures sketch a housing market where taxes take a contained share of earnings, though individual results vary with each assessment and mortgage.
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