HousingHandbookReference data

U.S. ZIP Code · MN55003

Washington County · Minneapolis-St. Paul-Bloomington, MN-WI

Typical home value

$439,910[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.2%
5-year / yr
+4.3%
10-year / yr
+5.6%

Relative price

vs U.S.
+54.9%
vs metro
+15.2%
vs state
+47.7%
ZIP 55003 location in MN
Location of ZIP 55003 in MN

Price history

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

The typical home in 55003 is worth $439,910 — 15.2% above the Minneapolis-St. Paul-Bloomington, MN-WI median. Over the past year, values have risen 3.2%. The effective property tax rate is 0.9%.

#Rent & investment

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

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
0.9%[3]
Typical annual tax
$3,809[3]

#Climate risk

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

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

#Who lives here

Population
3,905[3]
Median household income
$125,893[3]

#Migration

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

Net migration
+470[5]
Moved in
9,462
Moved out
8,992

Schools

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

Public schools
2
Elementary
1
Middle
0
High
1
  • ANDERSEN ELEMENTARY

    Elementary · Grades K–5 · Stillwater Area Public Schools

    326 students

  • MN CORRECTIONAL FACILITY-STILLWATER

    High · Grades 9–12 · MINNESOTA DEPARTMENT OF CORRECTIONS

    11 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 yield
Net yield (after ~40% expenses)
Annual rent

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$2,224
Loan principal$351,928
Down payment$87,982
Total interest paid$448,865

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 ratio
Monthly cost to own$2,910
Monthly rent

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
77th percentile[1]
Rental yield
[2]
Property tax
10th percentile[3]

Frequently asked

How much is a home worth in ZIP code 55003?
The typical home in 55003 is worth $439,910, based on the Zillow Home Value Index.
Are home values rising in 55003?
Home values in 55003 are up 3.2% over the past year, and up 4.3% a year over five years.
What is the property tax rate in 55003?
The effective property tax rate in 55003 is 0.9% — roughly $3,809 a year on a typical home.
Who lives in 55003?
ZIP code 55003 has a population of 3,905 and a median household income of $125,893.

#Comparable ZIPs

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

  • Savage, MN

    Typical home
    $438,914
    Gross yield
    5.0%
  • Chisago City, MN

    Typical home
    $438,624
    Gross yield
  • Jordan, MN

    Typical home
    $438,083
    Gross yield
  • Delano, MN

    Typical home
    $441,801
    Gross yield
  • Columbus, MN

    Typical home
    $437,966
    Gross yield
    4.4%
  • Elko New Market, MN

    Typical home
    $437,050
    Gross yield

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