Bagley, MN — income, home value, property tax, and sales tax.
In ZIP code 56557, which takes in Bagley, homes carry a median value of $143,800 while households earn a median of $57,731. At the county's 0.93% effective property tax rate, the annual tax bill on such a home comes to roughly $1,337 — about 2.3% of median household income. Per-capita income sits at $27,191, so the gap between what a single earner brings in and what a house costs can feel wide. A combined sales tax of 7.38% applies to purchases in the area as well.
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