Rochester, MN — income, home value, property tax, and sales tax.
Households in ZIP code 55920, near Rochester, report a median income of $131,336, with per-capita income at $50,715. The median home value sits at $372,600, and property taxes run at a county-level rate of 1.06%, which on that home value works out to roughly $3,950 a year. Sales tax adds 8.12% to purchases. Together, these figures sketch a fairly high-earning area where housing costs and the two tax rates still take a meaningful bite out of what households bring in.
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