Alvarado, MN — income, home value, property tax, and sales tax.
In ZIP code 56758, which takes in Alvarado, households bring in a median of $56,667 a year, while per-capita income sits at $35,919. Homes here are valued at a median of $132,100, and the county-level property tax rate of 0.80% works out to roughly $1,057 annually on that amount. Add a combined sales tax of 6.88%, and everyday purchases carry a little extra cost. With earnings at this level, housing and taxes together claim a real share of the annual budget, so households likely watch spending on goods and services closely.
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