ZIP Code 55417

Homes in Minneapolis's 55417 ZIP code carry a median value of $382,900, and the county-level effective property tax rate of 1.14% translates into roughly $4,365 a year in property taxes. Households here earn a median of $126,261, with per-capita income at $64,671, so that tax bill equals about 3.5% of median household earnings — a share that leaves room elsewhere in the budget. Sales taxes add 9.03% at checkout. Even so, the gap between what residents earn and what housing costs keeps this ZIP within reach of many buyers.