Minneapolis, MN — income, home value, property tax, and sales tax.
ZIP code 55439, near Minneapolis, ranks among the wealthier areas in the region, with a median household income of $168,693 and per-capita income of $89,754. Homes here carry a median value of $649,800, and the county-level effective property tax rate of 1.14% means owners pay a substantial sum each year. Add a combined sales tax of 9.03%, and the overall tax load is meaningful, though the income base here is high enough to absorb it. This is an affluent ZIP where housing costs and taxes both run well above national norms.
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