Beaver Bay, MN — income, home value, property tax, and sales tax.
Households in ZIP code 55607, near Beaver Bay, earn a median of $87,857, placing the area in middle- to upper-middle-income territory rather than among Minnesota's wealthiest communities. Per-capita income of $41,087 supports that reading. Median home values sit at $213,200, and the county-level property tax rate of 0.73% translates into a comparatively gentle annual bill on a home at that price. Sales tax, at 7.38% combined, applies to everyday purchases. Together these figures describe a community where earnings are solid, housing costs stay within reach of local wages, and the tax load leans lighter than in many Minnesota ZIP codes.
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