Minneapolis, MN — income, home value, property tax, and sales tax.
In ZIP code 55410, on Minneapolis's western edge, households earn a median of $146,425, with per-capita income at $90,906 — a level that shapes how housing and daily costs land. A median home value of $620,600 carries property taxes at a 1.14% county rate, a recurring bill that weighs against those earnings. Day-to-day purchases face a combined 9.03% sales tax, so spending adds up quickly. Even with strong incomes, carrying costs tied to owning a home here absorb a meaningful share of the household budget, and everyday consumption carries its own premium.
These numbers change over time. Get an update when they do — plus our recommendations.
No spam. Unsubscribe any time.