Baxter, MN — income, home value, property tax, and sales tax.
Households in ZIP code 56447, near Baxter, earn a median of $64,464, with per-capita income at $40,227 — squarely middle-income territory rather than affluent. Home values run high at $334,700, yet the county-level property tax rate of 0.74% keeps annual taxes lower than many places with similar housing prices. Sales tax combines to 7.38%, a rate shoppers will notice on everyday purchases. Taken together, this ZIP pairs a moderate earning base with elevated home values and a property tax load that stays comparatively contained, while consumption taxes carry more of the weight.
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