ZIP Code 56157

Balaton, MN — income, home value, property tax, and sales tax.

Median household income
$91,250
Per-capita income
$46,026
Median home value
$200,700
Property tax rate
1.06%
Combined sales tax
6.88%

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.

See how Balaton, MN taxes stack up

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