Dennison, MN — income, home value, property tax, and sales tax.
In ZIP code 55041, near Dennison, homes carry a median value of $275,200 while households earn a median of $78,672. At the county's 1.05% effective property tax rate, that home value works out to roughly $2,890 in annual property taxes, a figure that eats into earnings without overwhelming them. Per-capita income sits at $43,876. Add a combined sales tax of 7.38% on purchases, and the overall cost of living here leans on both property and consumption taxes. Whether that balance feels workable depends largely on how long residents have owned and how much their incomes have grown alongside home values.
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