ZIP Code 55435

ZIP code 55435, in the Minneapolis area, sits comfortably in middle- to upper-middle-income territory. A median household income of $79,884 and per-capita income of $60,475 place it above many Minnesota communities, while a median home value of $361,300 reflects a solid, established housing market. Property owners here pay county taxes at an effective rate of 1.14%, so a home at that median value generates a meaningful annual bill. Shoppers, meanwhile, face a combined sales tax of 9.03%, among the higher rates in the state, which adds cost to everyday purchases.