ZIP Code 55449

In ZIP 55449, near Minneapolis, homes carry a median value of $438,300, and the county-level effective property tax rate of 0.94% translates to roughly $4,120 in annual property taxes. With median household income at $131,832, that tax bill equals about 3% of yearly earnings, a share many households can absorb alongside other costs. Per-capita income sits at $56,101, so individual earnings vary widely across the area. A combined sales tax rate of 8.12% adds to everyday expenses, though Minnesota exempts clothing and groceries from that levy, softening its effect on household spending.