ZIP Code 56121

In ZIP code 56121, near Fairmont, homes carry a median value of $119,600, and the county-level property tax rate of 1.02% works out to roughly $1,220 a year on such a home. With median household income at $49,042 and per-capita income at $31,183, that annual tax equals about 2.5% of a typical household's earnings. Sales taxes add 7.38% at the register. The gap between local home prices and area incomes means buyers here often face lower purchase costs than in larger metros, though the tax bill still claims a noticeable share of paychecks.