ZIP Code 56062

In ZIP code 56062, near Mankato, households earn a median of $76,713, while per-capita income comes to $36,794. A median home value of $182,500 paired with a 1.05% county property tax rate means annual property taxes land somewhere around $1,900, a figure that shapes how much room is left each month for other expenses. Sales taxes add 7.38% at checkout, which nudges everyday spending higher. Together these costs mean a household here can cover housing and daily purchases while still working with a meaningful share of its income for savings, transportation, and other needs.