Balaton, MN — income, home value, property tax, and sales tax.
ZIP code 56239, centered on Balaton, sits in middle-income territory, with a median household income of $99,821 and per-capita income of $47,990. Home values hover around $186,400, and the county-level effective property tax rate is 1.06%, so property taxes take a meaningful bite out of ownership costs there. Add a combined sales tax of 6.88%, and the overall tax picture is steady rather than severe. Households here earn enough to absorb those costs without much strain, though the figures point to a working- to middle-income area rather than an affluent one.
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