Detroit Lakes, MN — income, home value, property tax, and sales tax.
In ZIP code 56589, near Detroit Lakes, homes carry a median value of $200,000, and the county-level property tax rate of 0.93% works out to roughly $1,860 a year in taxes on such a home. With median household income at $72,969 and per-capita income at $33,247, that tax bill takes up a noticeable but not overwhelming share of annual earnings. A combined sales tax rate of 7.38% also applies to purchases in the area, adding to the overall cost of living that households here balance against housing expenses.
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