Albertville, MN — income, home value, property tax, and sales tax.
In ZIP code 55321, which takes in Albertville, homes carry a median value of $268,300 while households bring in a median income of $80,433. The county-level effective property tax rate of 0.98% works out to roughly $2,629 a year on a home at that median value, a sum that eats up about 3.3% of household income. With per-capita income at $33,775, the gap between what individuals earn and what housing costs is worth weighing. A combined sales tax rate of 7.38% adds further cost to everyday purchases.
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