Dennison, MN — income, home value, property tax, and sales tax.
In ZIP code 55018, near Dennison, households bring in a median of $83,854 a year, with per-capita income at $50,481. Homes here are valued at a median of $352,100, and the county-level property tax rate of 1.05% means annual taxes on such a home run about $3,697. Combined with a 7.38% sales tax on purchases, housing and everyday spending together shape the local budget. Even so, earnings at this level can absorb those costs while still covering other expenses, since the income base is strong enough to support both ownership and routine consumption without much strain.
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