ZIP Code 55079

ZIP code 55079, near Minneapolis, sits in affluent territory. A median household income of $114,614 and per-capita income of $48,568 place it well above national norms, while a median home value of $352,200 reflects a housing stock that commands real money. Property taxes run at an effective 1.07% countywide, which on that median value works out to roughly $3,769 a year. Add a combined sales tax of 7.12%, and the overall tax picture stays substantial but consistent with what higher earners in this part of Minnesota expect to pay.