Fairmont, MN — income, home value, property tax, and sales tax.
In ZIP code 56176, near Fairmont, households earn a median of $59,125, while per-capita income reaches $41,213. A median home value of $126,500 pairs with a county property tax rate of 1.02%, which works out to roughly $1,290 annually on such a home. Sales tax adds 7.38% to purchases in the area. Together, these figures sketch a cost picture where housing prices stay below many national averages, property taxes take a little over a percent of home value each year, and everyday spending carries a combined state and local sales tax.
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