Minneapolis, MN — income, home value, property tax, and sales tax.
ZIP code 55343, near Minneapolis, sits in middle-income territory. Households here earn a median of $83,143, while per-capita income reaches $54,428. Homes carry a median value of $381,500, and the county-level property tax rate of 1.14% means owners pay a meaningful share of that value each year. Add a combined sales tax of 9.03%, and everyday purchases carry a noticeable premium. Together these figures describe an area where earnings are solid but not lavish, and where housing costs and consumption taxes both take a real bite out of what residents bring home.
These numbers change over time. Get an update when they do — plus our recommendations.
No spam. Unsubscribe any time.