Minneapolis, MN — income, home value, property tax, and sales tax.
Households in ZIP code 55092, near Minneapolis, report a median income of $95,337, with per-capita income at $45,043. A median home value of $363,900 pairs with a county property tax rate of 0.94%, so annual taxes on such a home run roughly $3,420. Sales tax adds 7.38% to purchases. Together, these figures sketch a community where earnings run well above the housing costs they support, and both tax rates stay below what many metro-area homeowners face.
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