HousingHandbookReference data

U.S. ZIP Code · WI54880

Douglas County · Duluth, MN-WI

Typical home value

$233,458[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+4.3%
5-year / yr
+6.8%
10-year / yr
+7.1%

Relative price

vs U.S.
-17.8%
vs metro
-1.0%
vs state
-23.5%
ZIP 54880 location in WI
Location of ZIP 54880 in WI

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 54880 is worth $233,458 — 1.0% below the Duluth, MN-WI median. Over the past year, values have risen 4.3%. Homes here rent for a typical $1,332 a month — a 6.8% gross rental yield. The effective property tax rate is 1.3%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,332[2]
Gross yield
6.8%[2]
Cap rate
4.1%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.3%[3]
Typical annual tax
$2,982[3]

#Climate risk

FEMA National Risk Index ratings for Douglas County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Low[4]
Riverine flood
Relatively Low
Coastal flood
Very Low
Wildfire
Very Low
Drought
Very Low
Heat wave
Relatively Low
Hurricane
Not Applicable
Tornado
Relatively Low
Earthquake
Very Low
Winter weather
Relatively Low

#Who lives here

Population
30,312[3]
Median household income
$68,275[3]

#Migration

Household moves in and out of Douglas County over a year, from IRS tax-return data.

Net migration
+57[5]
Moved in
1,125
Moved out
1,068

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
9
Elementary
6
Middle
1
High
1
  • Superior High

    High · Grades 9–12 · Superior School District

    1,290 students

  • Superior Middle

    Middle · Grades 6–8 · Superior School District

    908 students

  • Northern Lights Elementary

    Elementary · Grades PK–5 · Superior School District

    452 students

  • Great Lakes Elementary

    Elementary · Grades PK–5 · Superior School District

    358 students

  • Cooper Elementary

    Elementary · Grades PK–5 · Superior School District

    308 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield6.8%
Net yield (after ~40% expenses)4.1%
Annual rent$15,984

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,180
Loan principal$186,767
Down payment$46,692
Total interest paid$238,210

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio1.22
Monthly cost to own$1,624
Monthly rent$1,332

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
71st percentile[1]
Rental yield
33rd percentile[2]
Property tax
98th percentile[3]

Frequently asked

How much is a home worth in ZIP code 54880?
The typical home in 54880 is worth $233,458, based on the Zillow Home Value Index.
Are home values rising in 54880?
Home values in 54880 are up 4.3% over the past year, and up 6.8% a year over five years.
What is the typical rent in 54880?
A typical home in 54880 rents for about $1,332 a month, a gross rental yield of 6.8%.
What is the property tax rate in 54880?
The effective property tax rate in 54880 is 1.3% — roughly $2,982 a year on a typical home.
Who lives in 54880?
ZIP code 54880 has a population of 30,312 and a median household income of $68,275.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Kettle River, MN

    Typical home
    $234,531
    Gross yield
  • Mountain Iron, MN

    Typical home
    $230,186
    Gross yield
  • Wright, MN

    Typical home
    $237,317
    Gross yield
  • MN

    Typical home
    $238,688
    Gross yield
  • Cook, MN

    Typical home
    $242,035
    Gross yield
  • MN

    Typical home
    $243,462
    Gross yield

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