ZIP Code 55410

Minneapolis, MN — income, home value, property tax, and sales tax.

Median household income
$146,425
Per-capita income
$90,906
Median home value
$392,900
Property tax rate
1.14%
Combined sales tax
9.03%

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.

See how Minneapolis, MN taxes stack up

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