Minneapolis, MN — income, home value, property tax, and sales tax.
In ZIP 55428, near Minneapolis, households bring in a median income of $74,860, or $35,111 per person. Homes here carry a median value of $299,500, and county property taxes run at an effective rate of 1.14% — a meaningful line item against that income. Sales tax adds 8.53% to most purchases. Together, these figures sketch a straightforward cost picture: earnings that sit above the national midpoint, a housing market priced near $300,000, and two ongoing taxes that shape what a household keeps and spends.
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