ZIP Code 56048

Households in ZIP code 56048, near Mankato, report a median income of $85,532, with per-capita income at $41,703. A median home value of $238,600 pairs with a county property tax rate of 1.18%, which works out to roughly $2,815 a year in taxes on a home at that value. Sales tax in the area totals 7.38% on purchases. Together, these figures sketch a local cost picture where earnings run above the per-capita average, housing prices sit below the median income multiple, and both tax rates apply to everyday spending and property ownership alike.