ZIP comparison · Minneapolis-St. Paul-Bloomington, MN-WI
55012 vs 55024
Side-by-side comparison of two ZIP codes — typical home value, rent, yield, taxes, schools, and demographics. The greener number on each row signals which ZIP comes out ahead on that metric.
| Metric | ZIP55012Center City, MN | ZIP55024Farmington, MN |
|---|---|---|
| Home value | ||
| Typical home value | Better: $404,750 | $403,329 |
| 1-year appreciation | Better: +2.8% | +1.4% |
| 5-year CAGR | +2.8% | Better: +3.0% |
| 10-year CAGR | Better: +5.7% | +4.8% |
| Rent & investment | ||
| Monthly rent | — | $2,133 |
| Gross yield | — | 6.3% |
| Cap rate | — | 3.8% |
| Property tax | ||
| Effective tax rate | Better: 0.9% | 1.1% |
| Typical annual tax | Better: $3,651 | $4,251 |
| Demographics | ||
| Population | 2,087 | 37,287 |
| Median household income | $101,607 | Better: $127,280 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Low | Relatively Moderate |
| Net migration | +82 | Better: +672 |
| Schools | ||
| Public schools | — | 13 |
| Students enrolled | — | 7,015 |