ZIP Code 55054

In ZIP code 55054, which takes in Elko New Market, households bring in a median of $157,096 a year, with per-capita income at $51,785. That earnings level supports a median home value of $433,100, and the county's 1.01% effective property tax rate translates into a meaningful annual bill on such a home. Day-to-day spending also carries an 8.38% combined sales tax. Together, these figures sketch a community where incomes are strong enough to absorb both the property tax tied to homeownership and the sales tax on everyday purchases, though housing costs and taxes clearly shape how far each paycheck stretches.