Baxter, MN — income, home value, property tax, and sales tax.
In ZIP code 56441, near Baxter, homes carry a median value of $208,700, and the county's 0.74% effective property tax rate works out to roughly $1,544 a year on a home at that price. With median household income at $50,298, that tax bill equals about three percent of annual earnings, while per-capita income sits at $36,693. Combined sales tax in the area reaches 7.38%, which adds to everyday costs. Buyers here tend to find that home prices and property taxes stay within reach of local paychecks, though the sales tax takes a bit more from each purchase.
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