Balaton, MN — income, home value, property tax, and sales tax.
In ZIP code 56157, near Balaton, homes carry a median value of $228,100. At the county's 1.06% effective property tax rate, that translates to roughly $2,418 in annual taxes. Households here earn a median of $91,250, so the tax bill absorbs about 2.6% of that income, a fairly comfortable ratio by most standards. Per-capita income sits at $46,026. Sales taxes add 6.88% at checkout. The combination of steady earnings and contained property levies keeps ownership within reach for many working households in this area.
These numbers change over time. Get an update when they do — plus our recommendations.
No spam. Unsubscribe any time.