ZIP Code 55037

In ZIP code 55037, near Mora, homes carry a median value of $230,700 while the county's effective property tax rate sits at 0.86%. That works out to roughly $1,984 in annual property taxes on a median-priced home. Households here earn a median of $68,380, so the tax bill absorbs about 2.9% of that income, a share many buyers would find workable. Per-capita income reaches $34,113. Shoppers also pay a combined 7.38% sales tax on purchases. Together, these figures sketch a housing market where prices and tax rates stay within reach of local earnings.