Fairmont, MN — income, home value, property tax, and sales tax.
ZIP code 56075, centered on Fairmont, sits in middle-income territory, with a median household income of $73,750 and per-capita income of $30,340. Home values average $121,400, and the county-level property tax rate of 1.02% means annual taxes on such a home run around $1,238. Shoppers pay a combined 7.38% sales tax on purchases. Taken together, these figures describe a working- to middle-income area where housing costs stay within reach of local earnings, though the sales tax rate adds up on everyday spending.
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