Ada, MN — income, home value, property tax, and sales tax.
In ZIP code 56581, near Ada, homes are valued at a median of $105,900, and the county's 0.94% effective property tax rate works out to roughly $996 a year on such a home. With median household income at $53,750, that tax equals about 1.9% of annual earnings. Per-capita income is $34,496. Sales taxes add 7.38% at the register, a separate cost from owning a home. The relationship between earnings and housing costs here means property taxes take a smaller share of income than in places with higher rates or pricier housing.
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