Arco, MN — income, home value, property tax, and sales tax.
In ZIP code 56142, which takes in Arco, households bring in a median of $57,500 a year, while per-capita income sits at $35,424. A median home there is valued at $120,500, and the county's effective property tax rate of 0.96% means the annual tax bill on such a home runs around $1,157. Shoppers also pay a combined 6.88% sales tax on purchases. Taken together, these figures sketch a budget where housing costs stay contained and everyday spending carries a moderate sales-tax load, leaving earnings to cover other essentials.
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