ZIP Code 56175

Balaton, in ZIP code 56175, sits in middle-income territory, with a median household income of $73,750 and per-capita income of $32,719. Home values center around $154,400, and the county-level effective property tax rate of 1.06% means annual property taxes run near $1,637 on a median-valued home. A combined sales tax rate of 7.38% applies to purchases in the area. Together these figures point to a working- to middle-income community where housing costs stay within reach and the tax load is split between a moderate property tax and a sales tax that takes a bit more at the register.