ZIP comparison · Minneapolis-St. Paul-Bloomington, MN-WI

55304 vs 55387

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.

MetricZIP55304Ham Lake, MNZIP55387Waconia, MN
Home value
Typical home valueBetter: $462,610$461,540
1-year appreciationBetter: +2.3%+0.6%
5-year CAGRBetter: +3.7%+3.3%
10-year CAGRBetter: +5.4%+4.6%
Rent & investment
Monthly rent$2,671Better: $1,730
Gross yieldBetter: 6.9%4.5%
Cap rateBetter: 4.2%2.7%
Property tax
Effective tax rateBetter: 0.9%1.0%
Typical annual taxBetter: $3,960$4,553
Demographics
Population49,73715,030
Median household incomeBetter: $131,700$114,511
Climate & migration
Overall risk (FEMA NRI)Relatively ModerateRelatively Low
Net migrationBetter: +335+77
Schools
Public schools89
Students enrolled7,2984,000