ZIP Code 55965

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

Median household income
$65,577
Per-capita income
$38,286
Median home value
$221,100
Property tax rate
0.94%
Combined sales tax
7.38%

In ZIP code 55965, near Canton, homes carry a median value of $206,700 while the county's effective property tax rate sits at 0.94%. That works out to roughly $1,943 in annual property taxes on a median-priced home. With median household income at $65,577 and per-capita income at $38,286, the tax bill absorbs a low single-digit share of yearly earnings. Combined with a 7.38% sales tax rate, housing costs here stay within reach for many working households, though individual experience depends on down payment size, mortgage terms, and whether income falls below the median.

See how Canton, MN taxes stack up

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