ZIP Code 56501

In ZIP code 56501, which takes in Detroit Lakes, homes carry a median value of $314,700 while the county-level effective property tax rate sits at 0.69%. That combination produces an annual tax bill that stays contained even as home prices climb. Households here earn a median of $70,037, and per-capita income reaches $45,609, giving buyers meaningful capacity to absorb both a mortgage and taxes. A 7.88% combined sales tax applies to purchases, adding a bit to everyday costs, but the property tax side of the ledger remains the quieter expense against local earnings.