Canton, MN — income, home value, property tax, and sales tax.
In ZIP code 55949, near Canton, homes carry a median value of $277,400, and the county-level effective property tax rate of 0.94% works out to roughly $2,608 in annual taxes on such a home. With median household income at $84,327, that bill equals about 3.1% of a typical household's yearly earnings, while per-capita income sits at $41,024. Shoppers here also pay a combined 7.38% sales tax. Home values outpace what many individual earners bring in, so buyers relying on a single income may find the tax load weighs more heavily than the household median implies.
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