ZIP Code 56089

In ZIP code 56089, near Albert Lea, homes carry a median value of $73,300 while households bring in a median of $56,250 a year, and per-capita income sits at $33,872. At the county's 1.11% effective property tax rate, that median home would generate roughly $814 in annual taxes — a figure that consumes a smaller share of earnings than in many places where values and rates run higher. Sales taxes combine to 7.38%. The gap between home prices and local incomes means buying here demands less income relative to housing cost than the state average.