Danvers, MN — income, home value, property tax, and sales tax.
ZIP code 56231, centered on Danvers, sits in solidly middle- to upper-middle-income territory, with a median household income of $110,000 and per-capita income of $43,501. Homes here carry a median value of $216,700, and the county-level effective property tax rate of 0.86% keeps annual property taxes comparatively contained against that valuation. A combined sales tax rate of 6.88% applies to purchases in the area. Together these figures describe a community where earning power outpaces the housing costs and tax obligations tied to it, giving households here more financial slack than many places with similar home prices.
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