Hill City, MN — income, home value, property tax, and sales tax.
ZIP code 56431, centered on Hill City, sits in middle-income territory, with a median household income of $67,828 and per-capita income of $39,048. Homes here carry a median value of $295,400, and the county-level effective property tax rate of 0.55% keeps annual property taxes comparatively contained. A combined sales tax rate of 7.38% applies to purchases. Taken together, the area reads as a middle-income community where housing values run above what incomes alone might imply, while the property tax rate stays below many parts of Minnesota, softening the overall tax load residents shoulder.
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