Fairmont, MN — income, home value, property tax, and sales tax.
ZIP code 56127, centered on Fairmont, sits in working-class to middle-income territory. A median household income of $42,292 and per-capita income of $35,436 trail both state and national averages, while a median home value of $115,600 keeps entry into homeownership within reach. Property taxes run at an effective 1.02% of value at the county level, and the combined sales tax rate of 7.38% adds to everyday costs. Together these figures point to a community where earnings are limited but housing costs stay contained, and the tax load leans more on consumption than on property.