How much is a home worth in ZIP code 55033?

The typical home in 55033 is worth $384,237, based on the Zillow Home Value Index.

Are home values rising in 55033?

Home values in 55033 are up 3.0% over the past year, and up 3.6% a year over five years.

What is the typical rent in 55033?

A typical home in 55033 rents for about $1,457 a month, a gross rental yield of 4.5%.

What is the property tax rate in 55033?

The effective property tax rate in 55033 is 0.9% — roughly $3,458 a year on a typical home.

ZIP code 55033 has a population of 29,674 and a median household income of $103,988.

HousingHandbookReference data

…

U.S. ZIP Code · MN55033

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

Typical home value

$384,237^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +3.0%
5-year / yr: +3.6%
10-year / yr: +5.1%

Relative price

vs U.S.: +35.3%
vs metro: ≈ metro median
vs state: +29.0%

Price history

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

The typical home in 55033 is worth $384,237. Over the past year, values have risen 3.0%. Homes here rent for a typical $1,457 a month — a 4.5% gross rental yield. 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: $1,457^[2]
Gross yield: 4.5%^[2]
Cap rate: 2.7%^[2]

#Property tax

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

Effective tax rate: 0.9%^[3]
Typical annual tax: $3,458^[3]

#Climate risk

FEMA National Risk Index ratings for Dakota 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: Very Low
Drought: Relatively Low
Heat wave: Relatively Moderate
Hurricane: Not Applicable
Tornado: Relatively High
Earthquake: Very Low
Winter weather: Relatively High

#Who lives here

Population: 29,674^[3]
Median household income: $103,988^[3]

#Migration

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

Net migration: +672^[5]
Moved in: 14,493
Moved out: 13,821

Schools

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

Public schools: 13
Elementary: 4
Middle: 2
High: 6

HASTINGS HIGH SCHOOL
High · Grades 9–12 · HASTINGS PUBLIC SCHOOL DISTRICT
1,390 students
HASTINGS MIDDLE SCHOOL
Middle · Grades 5–8 · HASTINGS PUBLIC SCHOOL DISTRICT
1,178 students
CHRISTA MCAULIFFE ELEMENTARY
Elementary · Grades K–4 · HASTINGS PUBLIC SCHOOL DISTRICT
489 students
KENNEDY ELEMENTARY
Elementary · Grades K–4 · HASTINGS PUBLIC SCHOOL DISTRICT
455 students
PINECREST ELEMENTARY
Elementary · Grades K–4 · HASTINGS PUBLIC SCHOOL DISTRICT
439 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.

Home value$Monthly rent$

Gross yield4.5%

Net yield (after ~40% expenses)2.7%

Annual rent$17,478

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.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,943

Loan principal$307,389

Down payment$76,847

Total interest paid$392,058

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.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.75

Monthly cost to own$2,551

Monthly rent$1,457

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: 60th percentile^[1]
Rental yield: 22nd percentile^[2]
Property tax: 17th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 55033?: The typical home in 55033 is worth $384,237, based on the Zillow Home Value Index.
Are home values rising in 55033?: Home values in 55033 are up 3.0% over the past year, and up 3.6% a year over five years.
What is the typical rent in 55033?: A typical home in 55033 rents for about $1,457 a month, a gross rental yield of 4.5%.
What is the property tax rate in 55033?: The effective property tax rate in 55033 is 0.9% — roughly $3,458 a year on a typical home.
Who lives in 55033?: ZIP code 55033 has a population of 29,674 and a median household income of $103,988.

#Comparable ZIPs

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

55014 vs 55033 →
Lino Lakes, MN
Typical home
$383,853
Gross yield
5.4%
55388 vs 55033 →
Watertown, MN
Typical home
$383,716
Gross yield
—
55417
Minneapolis, MN
Typical home
$383,420
Gross yield
6.0%
55110
White Bear Lake, MN
Typical home
$383,348
Gross yield
5.4%
55443
Brooklyn Park, MN
Typical home
$385,324
Gross yield
4.8%
55303
Ramsey, MN
Typical home
$381,982
Gross yield
5.2%

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#Jump to section

U.S. ZIP Code · MN55033

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