Arco, MN — income, home value, property tax, and sales tax.
In ZIP code 56164, which takes in Arco, households earn a median of $74,201, while per-capita income comes to $39,594. A median home value of $149,800 pairs with a county property tax rate of 0.86%, so annual property taxes on such a home work out to roughly $1,288. Sales tax adds 6.88% at the register. Together, these figures describe a place where incomes sit above the housing stock's price point, and both the property and sales tax rates stay below many national averages.
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