ZIP Code 55372

Elko New Market, MN — income, home value, property tax, and sales tax.

Median household income
$145,499
Per-capita income
$65,969
Median home value
$419,400
Property tax rate
1.01%
Combined sales tax
8.38%

Households in ZIP code 55372, centered on Elko New Market, report a median income of $145,499, with per-capita income at $65,969. A median home value of $467,400 pairs with a county property tax rate of 1.01%, so property taxes on such a home would run about $4,721 a year. Sales taxes in the area combine to 8.38%, which adds to the cost of everyday purchases. Together, these figures sketch a community where earnings are strong and housing costs are substantial, with both property and sales taxes shaping the overall expense of living there.

See how Elko New Market, MN taxes stack up

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