Rochester, MN — income, home value, property tax, and sales tax.
Households in ZIP code 55960, near Rochester, report a median income of $130,227, with per-capita income at $62,479. A median home value of $481,200 meets a county-level effective property tax rate of 1.06%, which works out to roughly $5,100 annually in property taxes. Adding the combined sales tax rate of 8.12% on purchases, the overall cost picture reflects a higher-income area where housing values and taxes move together.
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