ZIP Code 55374

Households in ZIP code 55374, near Minneapolis, report a median income of $144,714, while per-capita income sits at $56,840. That earnings level shapes how housing and taxes fit into a household budget. A median home value of $462,000, taxed at a county rate of 1.14%, means property taxes take a meaningful bite each year. Day-to-day purchases carry a combined sales tax of 7.28%, adding to routine costs. Together these figures sketch an area where incomes are strong enough to support higher home values, though the tax load on property and spending still shapes what households keep.