ZIP Code 55419

ZIP code 55419, in Minneapolis, ranks among the more affluent corners of the city, with a median household income of $148,350 and per-capita income of $77,923. Homes here carry a median value of $495,000, and the county-level effective property tax rate of 1.14% translates into a substantial annual bill at that valuation. Add a combined sales tax rate of 9.03%, and the overall tax load reflects a higher-income area where property taxes, in particular, take a meaningful share of housing costs.