Dakota, MN — income, home value, property tax, and sales tax.
In ZIP code 55925, near Dakota, homes carry a median value of $282,200, and the county-level effective property tax rate of 0.93% works out to roughly $2,624 a year on such a home. With median household income at $92,500, that tax bill equals about 2.8% of annual earnings, a share many households can absorb without straining. Per-capita income sits at $38,316, so single earners may feel the pinch more acutely. Add a combined sales tax of 7.62%, and ownership costs here lean on income strength as much as on price.
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