ZIP Code 55781

In ZIP 55781, near Bovey, homes carry a median value of $392,900, and the county's 0.86% effective property tax rate works out to roughly $3,379 a year on such a home. With median household income at $101,406, that bill absorbs about 3.3% of annual earnings, while per-capita income sits at $48,046. Purchases also carry a 7.38% combined sales tax. The relationship between what households bring in and what they owe on property shapes how far a paycheck stretches here, since a higher home value raises the tax owed even at a lower rate.