ZIP Code 55412

In ZIP code 55412, which sits within Minneapolis, households earn a median of $68,682, or $32,699 per person. A median-valued home here costs $232,100, and the county's 1.14% effective property tax rate translates into roughly $2,646 a year for a property at that price. Sales taxes add 9.03% to most purchases, a cost that hits spending regardless of homeownership. Together, these figures sketch a market where incomes and housing prices run in step, with property taxes tied to county rates and sales tax applying broadly across daily expenses.