ZIP Code 55616

In ZIP code 55616, near Beaver Bay, households earn a median of $76,127, while per-capita income sits at $39,638. A median home value of $259,200 pairs with a county property tax rate of 0.73%, so annual property taxes on such a home would run roughly $1,892. Sales tax adds 8.38% to purchases. Together these figures sketch a place where housing costs stay tied to local earnings, and the property tax bite stays below one percent of value. The sales tax, applied at the register, spreads the cost of local services across everyday spending rather than concentrating it on homeowners alone.