ZIP Code 56007

ZIP code 56007, centered on Albert Lea, sits squarely in middle-income territory. Households earn a median of $68,846, while per-capita income reaches $39,953 — enough to cover daily expenses without stretching into affluent ranks. Homes here are valued at a median of $166,900, and the county's 1.11% effective property tax rate means annual bills stay proportionate to that value. Shoppers pay a combined 7.88% sales tax on purchases. Taken together, the tax load leans on consumption more than property, a structure that shapes how far each paycheck stretches across this southern Minnesota community.