ZIP Code 56442

Baxter, MN — income, home value, property tax, and sales tax.

Median household income
$79,896
Per-capita income
$59,545
Median home value
$306,800
Property tax rate
0.74%
Combined sales tax
7.38%

In ZIP code 56442, near Baxter, households bring in a median of $79,896, while per-capita income reaches $59,545. Homes here carry a median value of $479,800, and the county's 0.74% effective property tax rate applies against that figure. Sales taxes combine to 7.38% on purchases. That income level supports everyday expenses, though a pricey housing stock means buyers should expect a sizable mortgage. Property taxes stay low enough that they won't dominate a monthly payment, and the sales tax adds a bit to each transaction. Overall, earnings here cover both housing costs and daily spending without much strain.

See how Baxter, MN taxes stack up

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