Cleveland, MN — income, home value, property tax, and sales tax.
In ZIP code 56057, near Cleveland, homes carry a median value of $248,300, and the county's 1.06% effective property tax rate translates to roughly $2,632 a year in taxes on such a home. With median household income at $91,250, that bill consumes about 2.9% of annual earnings, a share many households can absorb without straining. Per-capita income sits lower, at $39,216, so single earners may feel the pinch more sharply. Sales taxes add 7.38% to purchases, trimming disposable income further. Even so, the relationship between local wages and housing costs here leaves room to buy.
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