ZIP Code 55601

In ZIP code 55601, near Beaver Bay, homes carry a median value of $242,400 while the county's effective property tax rate sits at 0.73%, yielding an annual tax bill of roughly $1,770. With median household income at $56,250, that levy absorbs about 3.1% of a typical household's yearly earnings. Per-capita income reaches $34,602, and purchases face a combined sales tax of 7.38%. The gap between area earnings and home prices shapes who can buy here, and the property tax drawn from each home adds a recurring cost on top of the purchase price.