ZIP Code 55025

In ZIP code 55025, near Minneapolis, homes carry a median value of $405,000 while the county-level effective property tax rate sits at 0.94%. That works out to roughly $3,807 in annual property taxes on a median-priced home. Households here earn a median of $98,382, so the tax bill equals about 3.9% of income, a share that many homeowners can absorb without straining. Per-capita income reaches $46,037. A combined sales tax rate of 7.38% applies to purchases in the area. High home values paired with a below-average rate keep the yearly tax obligation from climbing too steeply.