ZIP Code 55060

In ZIP code 55060, which covers Owatonna, households earn a median of $84,906 a year, or $42,145 per person. A median home here is valued at $251,100, and the county-level property tax rate of 1.21% works out to roughly $3,038 annually on that home. Sales taxes add 7.38% to most purchases. Together, these figures sketch a straightforward cost picture: incomes sit well above the national midpoint, housing values stay below what many metro areas command, and the two tax rates combine to shape what a household keeps versus what it pays.