ZIP Code 56073

Homes in the Mankato area’s 56073 ZIP code carry a median value of $218,700, and the county’s 1.03% effective property tax rate works out to roughly $2,253 a year on a house at that price. With median household income at $70,250, that tax bill equals about 3.2% of annual earnings, a share many households can absorb without straining. Per-capita income sits at $37,912. Sales taxes, meanwhile, total 7.88% on purchases. Pairing a mid-sized home value with a rate just above 1% keeps ownership costs grounded against local wages.