ZIP Code 55716

In ZIP code 55716, which takes in Bovey, households earn a median of $43,036, or $23,596 per person. A median home there is valued at $110,800, and the county-level property tax rate of 0.86% works out to roughly $953 a year on a house at that price. Sales taxes add 7.88% to most purchases. Together these figures sketch a place where home prices and property taxes stay contained, while everyday spending carries a higher tax load and incomes sit below what higher-cost areas often show.