Adams, MN — income, home value, property tax, and sales tax.
In ZIP code 55950, which takes in Adams, households bring in a median of $61,250 a year, while per-capita income sits at $37,797. A median home there is valued at $162,500, and the county's 1.03% effective property tax rate would work out to roughly $1,674 annually on a house at that price. Sales tax adds 7.38% to purchases. Those figures leave a workable margin between earnings and housing costs, though the sales tax quietly trims spending power on everyday goods.
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