ZIP Code 55441

In ZIP code 55441, near Minneapolis, homes carry a median value of $470,100, and the county-level effective property tax rate of 1.14% translates into a substantial annual bill. Households here earn a median of $101,981, with per-capita income at $67,258, so property taxes claim a meaningful share of earnings even at these income levels. Combined with an 8.53% sales tax rate, the overall cost of living adds up. Buyers weighing a move to this area should factor the property tax load into their housing budget alongside the purchase price itself.