Fairmont, MN — income, home value, property tax, and sales tax.
ZIP code 56171, centered on Fairmont, sits squarely in middle-income territory. A median household income of $72,554 and per-capita income of $38,244 place local earnings above many rural stretches but below the state's more affluent suburbs. Homes carry a median value of $169,800, and the county-level property tax rate of 1.02% means a household at that value pays roughly $1,732 annually. Add a combined sales tax of 7.38%, and the overall tax picture stays moderate — noticeable in the budget, yet not out of step with what similar Midwestern communities ask of their residents.
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