ZIP Code 55940

In ZIP code 55940, which takes in Claremont, households bring in a median income of $83,885, while per-capita income sits at $39,241. Homes here carry a median value of $245,900, and the county-level property tax rate of 1.11% applies against that figure. Shoppers pay a combined sales tax of 7.38% on purchases. Together these figures sketch a community where earnings run above the housing prices many buyers face, and where the ongoing costs come through two channels: an annual property levy tied to home value and a sales tax added at the register.