ZIP Code 56037

In ZIP code 56037, near Mankato, homes carry a median value of $258,400 while the county's effective property tax rate sits at 0.97%. That combination yields an annual tax bill of roughly $2,507, which lands against a median household income of $78,750 and per-capita income of $47,657. Sales taxes add 7.38% at the register. Households here devote a smaller share of earnings to property taxes than the home values alone might imply, though the gap between median household and per-capita income signals a range of financial situations across the area.