ZIP Code 55961

Canton, MN — income, home value, property tax, and sales tax.

Median household income
$98,214
Per-capita income
$36,648
Median home value
$185,200
Property tax rate
1.03%
Combined sales tax
7.38%

In ZIP code 55961, near Canton, homes carry a median value of $172,200, and the county's 1.03% effective property tax rate works out to roughly $1,774 a year on such a home. With median household income at $98,214, that tax bill equals under two percent of annual earnings, so owning a home here leaves most of a paycheck untouched by property taxes. Per-capita income sits at $36,648. Shoppers also pay a 7.38% combined sales tax on purchases. The gap between home prices and local earnings makes buying within reach for many working households.

See how Canton, MN taxes stack up

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