ZIP Code 55303

Households in ZIP code 55303, near Minneapolis, earn a median of $102,986, placing the area in middle-to-upper-income territory rather than working-class or truly affluent. Per-capita income sits at $45,562, and median home values reach $353,900. The county-level effective property tax rate of 0.94% means a home at that median value would generate roughly $3,327 in annual property taxes. Sales tax in the area totals 8.12%, adding cost to everyday purchases. Together these figures describe a community with solid earning power and home values that carry a real but not overwhelming tax obligation.