ZIP Code 55014

In ZIP code 55014, near Minneapolis, households bring in a median of $103,658 a year, with per-capita income at $46,249. That earnings base supports a median home value of $337,400, and the county-level property tax rate of 0.94% works out to roughly $3,172 annually on such a home. Add a combined sales tax of 8.12% on everyday purchases, and housing plus consumption costs take a real share of income. Still, with earnings above six figures, many households here can absorb those taxes while covering other expenses.