ZIP Code 55373

In ZIP code 55373, near Minneapolis, homes carry a median value of $363,900 while the county-level effective property tax rate sits at 1.14%. That combination yields an annual property tax bill of roughly $4,148 before any exemptions. Households here earn a median of $105,556, so the tax equals about 3.9% of median household income, a share that many homeowners elsewhere would find steep. Per-capita income reaches $47,654. A combined sales tax of 7.03% applies to purchases. High earnings help offset the housing costs, though the property tax still claims a meaningful slice of annual income.