ZIP Code 55425

In ZIP 55425, near Minneapolis, homes carry a median value of $339,500, and the county-level effective property tax rate of 1.14% translates into a yearly bill of roughly $3,870 before any exemptions. With median household income at $76,274, that tax equals about 5% of annual earnings, a meaningful slice of the budget. Per-capita income sits at $42,563, so single earners feel the pinch more sharply. Add a combined sales tax rate of 9.03% on everyday purchases, and the overall cost of living in this ZIP leaves a narrower margin than the income figures alone imply.