ZIP Code 55602

In ZIP code 55602, which takes in Beaver Bay, households earn a median of $73,750 a year, while per-capita income reaches $45,166. That earnings base shapes how far a paycheck stretches: with a median home value of $247,600 and the county's 1.03% effective property tax rate, an owner pays roughly $2,550 annually in property taxes. Everyday purchases carry a combined sales tax of 7.38%, which adds to the cost of goods and services. Together these figures sketch a community where incomes support homeownership, though taxes on both property and spending draw steadily on household cash flow.