Rochester, MN — income, home value, property tax, and sales tax.
Households in ZIP code 55972, near Rochester, report a median income of $98,878, with per-capita income at $46,697. A median home value of $287,800 meets an effective property tax rate of 0.93% at the county level, which works out to roughly $2,677 a year for a home at that value. Sales taxes combine to 7.38%, so everyday purchases carry a noticeable surcharge. Together, these figures sketch a cost picture where earnings run ahead of the state's housing costs, while property and sales taxes both draw steadily on the same household budget.
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