Clara City, MN — income, home value, property tax, and sales tax.
In ZIP code 56262, which takes in Clara City, households earn a median of $70,625 a year, while per-capita income sits at $35,165. That earnings level pairs with a median home value of $110,300, and the county's 1.10% effective property tax rate works out to roughly $1,200 annually on such a home. Sales taxes combine to 7.38%, so everyday purchases carry a noticeable add-on. With home prices well below the national median, housing costs absorb less of a paycheck here, though the sales tax rate means day-to-day spending still trims take-home pay.
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