Albert Lea, MN — income, home value, property tax, and sales tax.
In ZIP code 56042, near Albert Lea, households bring in a median of $89,750 a year, while per-capita income sits at $44,399. A median home value of $205,200 carries a county property tax rate of 1.11%, which works out to roughly $2,278 annually for a home at that price. Combined with a 7.38% sales tax rate, housing and everyday purchases claim a meaningful share of earnings, though the income level here leaves room to absorb both without straining most household budgets.
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