Minneapolis, MN — income, home value, property tax, and sales tax.
In ZIP 55344, near Minneapolis, households earn a median of $89,565, with per-capita income at $64,242. A median home value of $363,500 pairs with a 1.14% county property tax rate, which works out to roughly $4,140 annually for a home at that price. Sales tax adds 9.03% to purchases. Together, these figures sketch a fairly settled financial picture: incomes well above the national midpoint, housing costs that track with the Twin Cities area, and two overlapping taxes that shape the ongoing cost of living here.
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