Donaldson, MN — income, home value, property tax, and sales tax.
Households in ZIP code 56720, near Donaldson, report a per-capita income of $35,807. County property taxes run at an effective rate of 0.92%, while the combined sales tax rate sits at 6.88%. Together these two rates shape what a household keeps after earning and spending. Property taxes take under one percent of a home's value each year, a lighter pull than many parts of the country. Sales tax applies to purchases throughout the year, adding nearly seven cents on each taxable dollar. Income, housing costs, and these two taxes combine to define the overall cost picture here.