Albert Lea, MN — income, home value, property tax, and sales tax.
Households in ZIP code 56016, near Albert Lea, report a median income of $89,583, while per-capita income sits at $48,268. A median home value of $209,900 pairs with a county property tax rate of 1.11%, and the combined sales tax comes to 7.38%. Together these figures sketch the financial shape of the area: earnings well above many rural ZIPs, housing costs that stay within reach of that income, and two tax streams — one on property, one on purchases — that feed into the overall cost of living here.
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