Claremont, MN — income, home value, property tax, and sales tax.
In ZIP code 55973, near Claremont, homes carry a median value of $286,100 while the county-level effective property tax rate sits at 1.03%. That combination yields an annual property tax bill of roughly $2,947, which against a median household income of $110,417 works out to about 2.7% of yearly earnings. Per-capita income reaches $48,778, giving buyers here substantial capacity to absorb ownership costs. A combined sales tax rate of 7.38% applies to purchases in the area. Together, these figures describe a housing market where income levels comfortably outpace the annual tax obligation attached to a median-priced home.
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