Ada, MN — income, home value, property tax, and sales tax.
In ZIP code 56510, which takes in Ada, households bring in a median of $70,000 a year, while per-capita income sits at $35,362. With a median home value of $145,700 and a county property tax rate of 0.94%, annual property taxes come to roughly $1,370. Adding the 7.38% combined sales tax, everyday purchases carry a noticeable premium. Taken together, the earnings here support homeownership and daily spending without much slack, so a household's monthly budget depends heavily on keeping housing costs and taxable purchases in check.
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