ZIP Code 55429

In ZIP 55429, near Minneapolis, homes carry a median value of $280,900 while the county-level effective property tax rate sits at 1.14%. Households here earn a median of $72,253, with per-capita income at $33,662. That property tax translates into a meaningful annual cost against local earnings, so buyers weighing a purchase should factor the tax bill into what they can carry alongside a mortgage. Sales tax in the area runs 8.53%, adding to everyday expenses. The gap between home prices and per-capita income shows why many households depend on two earners to cover both housing and taxes.