Minneapolis, MN — income, home value, property tax, and sales tax.
Households in ZIP code 55444, near Minneapolis, report a median income of $117,198, while per-capita income sits at $41,452. A median home value of $330,800 pairs with a county property tax rate of 1.14%, which works out to roughly $3,771 in annual property taxes on that median home. Sales tax adds 8.53% to purchases in the area. Together, these figures sketch a picture of solid earning power offset by meaningful housing costs and a combined tax load that touches both property owners and everyday spending.
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