Dennison, MN — income, home value, property tax, and sales tax.
In the Dennison area, ZIP code 55053 combines a median household income of $101,406 with a median home value of $353,900. The county's 0.97% effective property tax rate works out to roughly $3,433 a year on a home at that median value — about 3.4% of household income, a share many buyers would find workable. Per-capita income stands at $41,174, and the combined sales tax rate is 7.38%. Home values here run well above what the typical household earns in a single year, so down payments and mortgages demand real planning, though the property tax side stays comparatively contained.
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