ZIP Code 55403

ZIP code 55403, in Minneapolis, sits in middle-income territory, with a median household income of $60,873 that trails the per-capita figure of $69,214 — a gap hinting at smaller households or a mix of earners and non-earners. Homes here carry a median value of $298,500, and the county-level property tax rate of 1.14% means owners pay a meaningful share of that value each year. Add a combined sales tax of 9.03%, and everyday purchases carry a noticeable premium, shaping the overall cost of living in this part of the city.