ZIP Code 55709

In ZIP code 55709, near Bovey, homes carry a median value of $225,700, and the county-level effective property tax rate of 0.86% works out to roughly $1,941 a year in taxes on such a home. With median household income at $75,652 and per-capita income at $36,571, that annual bill equals about 2.6% of household earnings, a share that leaves room in the budget for other costs. Sales taxes in the area total 7.88%, adding to everyday expenses. The relationship between home prices, earnings, and taxes here shapes how far a paycheck stretches.