ZIP Code 55445

In ZIP 55445, near Minneapolis, homes carry a median value of $329,400, and the county-level effective property tax rate of 1.14% works out to roughly $3,755 a year. With median household income at $104,150, that tax bill absorbs about 3.6% of annual earnings, a share that leaves room in the budget for other costs. Per-capita income sits at $42,306. Day-to-day purchases carry an 8.53% combined sales tax. The relationship between home prices and local earnings shapes how far a paycheck stretches here.