ZIP Code 55421

In ZIP code 55421, near Minneapolis, homes carry a median value of $277,300 while the county's effective property tax rate sits at 0.94%, working out to roughly $2,600 in annual property taxes. Households here earn a median of $70,772, and per-capita income reaches $38,751, so that tax bill equals a few weeks of typical earnings. Combined with a 9.12% sales tax, housing costs and daily purchases both draw on the same paycheck, shaping how far income stretches for owners in this area.