ZIP Code 56229

In ZIP code 56229, near Balaton, homes carry a median value of $205,600, and the county-level property tax rate of 1.06% works out to roughly $2,179 a year for a home at that median. With median household income at $104,375 and per-capita income of $49,715, that tax bill takes a smaller share of earnings than in many places. A 6.88% combined sales tax applies to purchases. The relationship between home prices and local wages here means buying a house does not stretch budgets as far as the raw tax rate alone might imply.