Alvarado, MN — income, home value, property tax, and sales tax.
In ZIP code 56724, near Alvarado, households earn a median of $48,750, while per-capita income reaches $31,412. Homes here are valued at a median of $104,200, and the county-level property tax rate of 0.80% works out to roughly $834 a year on such a home. Add a combined sales tax of 6.88% on purchases, and the overall picture balances a lower housing price against everyday consumption costs. Income levels mean housing takes a smaller share of earnings than in pricier markets, though the sales tax applies broadly to goods bought locally.
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