Alvarado, MN — income, home value, property tax, and sales tax.
Homes in the Alvarado area near ZIP 56713 carry a median value of $195,800, and the county's 0.80% effective property tax rate works out to roughly $1,566 a year on a home at that price. With median household income at $87,188 and per-capita income of $47,902, that annual tax bill equals under two percent of what a typical household brings in. Combined with a 6.88% sales tax rate, housing costs here stay within reach for many earners, though individual results depend on each household's own finances.
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