ZIP Code 55070

In ZIP 55070, near Minneapolis, households earn a median of $108,750, while per-capita income sits at $40,876. That gap hints at larger households with multiple earners. A median home value of $328,500 pairs with a county property tax rate of 0.94%, so annual property taxes land near $3,088 — about 2.8% of median household income. Sales taxes combine to 7.12%, adding a bit to everyday purchases. With earnings well above the per-person figure, many families here can cover housing costs and still direct money toward savings, transportation, and other priorities.