ZIP Code 55454

In ZIP code 55454, within Minneapolis, median household income stands at $23,100, with per-capita income of $17,875 — figures that leave little slack in a monthly budget. A median home value of $186,600 carries a county-level effective property tax rate of 1.14%, while the combined sales tax rate of 9.03% adds cost to everyday purchases. Together these taxes shape how far each dollar stretches: housing costs and consumption both take a meaningful bite when earnings are this constrained, so residents here likely watch spending closely and prioritize essentials over discretionary purchases.