ZIP comparison · Minneapolis-St. Paul-Bloomington, MN-WI
55418 vs 55423
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 | ZIP55418Minneapolis, MN | ZIP55423Richfield, MN |
|---|---|---|
| Home value | ||
| Typical home value | Better: $352,555 | $351,437 |
| 1-year appreciation | +1.8% | Better: +2.9% |
| 5-year CAGR | +1.8% | Better: +3.0% |
| 10-year CAGR | +4.8% | Better: +5.2% |
| Rent & investment | ||
| Monthly rent | $1,714 | Better: $1,332 |
| Gross yield | Better: 5.8% | 4.5% |
| Cap rate | Better: 3.5% | 2.7% |
| Property tax | ||
| Effective tax rate | 1.2% | Better: 1.2% |
| Typical annual tax | $4,293 | Better: $4,047 |
| Demographics | ||
| Population | 31,505 | 36,724 |
| Median household income | Better: $99,397 | $85,182 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | -2,269 | -2,269 |
| Schools | ||
| Public schools | 12 | 22 |
| Students enrolled | 4,112 | 5,730 |