ZIP Code 55731

Households in ZIP code 55731, near Beaver Bay, earn a median of $62,008, with per-capita income at $42,041 — a middle-income profile rather than an affluent one. Median home values sit at $206,000, and the county-level property tax rate of 0.73% means a home at that value would draw roughly $1,500 a year in property taxes. A combined sales tax of 7.38% applies to purchases. Together, these figures point to a place where earnings are steady, housing costs stay within reach of local wages, and the tax load leans more on spending than on ownership.