Center City, MN — income, home value, property tax, and sales tax.
In ZIP code 55045, near Center City, homes carry a median value of $390,500, and the county's 1.07% effective property tax rate works out to roughly $4,178 a year for a home at that price. Households here earn a median of $108,929, so that tax bill equals about 3.8% of annual income, while per-capita income sits at $44,632. Combined with a 7.38% sales tax rate, ownership costs add up quickly, though the income base gives buyers here more headroom than in many places.
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