ZIP Code 55430

Minneapolis, MN — income, home value, property tax, and sales tax.

Median household income
$75,716
Per-capita income
$31,996
Median home value
$392,900
Property tax rate
1.14%
Combined sales tax
9.03%

In ZIP code 55430, near Minneapolis, households bring in a median of $75,716 a year, while per-capita income sits at $31,996. A median home value of $256,800 carries a county property tax rate of 1.14%, and sales tax reaches 9.03% when combined. Those two taxes shape daily spending and long-term costs alike: purchases cost more at checkout, and owning a home means a recurring bill tied to value. With earnings in this range, housing and everyday expenses compete for the same dollars, so knowing both rates helps households plan what they can set aside.

See how Minneapolis, MN taxes stack up

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