Alvarado, MN — income, home value, property tax, and sales tax.
In ZIP code 56760, near Alvarado, households earn a median of $85,250, while per-capita income sits at $43,311. Homes here are valued at a median of $205,100, and the county-level property tax rate of 0.80% works out to roughly $1,641 a year on such a home. Add a combined sales tax of 6.88% on purchases, and the picture is one of steady earnings against contained housing costs. Income levels outpace the home values in this area, which shapes how much of a household's earnings go toward taxes and daily spending alike.
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