ZIP Code 55378

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

Median household income
$124,871
Per-capita income
$54,912
Median home value
$419,400
Property tax rate
1.01%
Combined sales tax
8.38%

Households in ZIP code 55378, near Elko New Market, bring in a median of $124,871 a year, with per-capita income at $54,912. That earnings base supports a median home value of $430,900, and the county-level property tax rate of 1.01% translates into a meaningful annual bill on a home at that price. Day-to-day purchases carry an 8.38% combined sales tax, which adds up across routine spending. Together, the income level and these tax rates shape how far each dollar stretches for homeowners and renters alike in this area.

See how Elko New Market, MN taxes stack up

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