HousingHandbookReference data

U.S. ZIP Code · MN55041

Wabasha County · Rochester, MN

Typical home value

$321,986[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.3%
5-year / yr
+5.9%
10-year / yr
+6.0%

Relative price

vs U.S.
+13.3%
vs metro
-3.0%
vs state
+8.1%
ZIP 55041 location in MN
Location of ZIP 55041 in MN

Price history

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

The typical home in 55041 is worth $321,986 — 3.0% below the Rochester, MN median. Over the past year, values have risen 3.3%. The effective property tax rate is 1.0%.

#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
1.0%[3]
Typical annual tax
$3,333[3]

#Climate risk

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

Overall risk
Relatively Low[4]
Riverine flood
Relatively Low
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively Low
Heat wave
Very Low
Hurricane
No Rating
Tornado
Relatively Low
Earthquake
Very Low
Winter weather
Relatively Low

#Who lives here

Population
7,510[3]
Median household income
$78,672[3]

#Migration

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

Net migration
-51[5]
Moved in
466
Moved out
517

Schools

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

Public schools
3
Elementary
1
Middle
0
High
2
  • LINCOLN SECONDARY

    High · Grades 7–12 · LAKE CITY PUBLIC SCHOOL DISTRICT

    596 students

  • BLUFF VIEW ELEMENTARY

    Elementary · Grades PK–6 · LAKE CITY PUBLIC SCHOOL DISTRICT

    586 students

  • Lake City Credit Recovery

    High · Grades 9–12 · Goodhue County Education District

    0 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$1,628
Loan principal$257,589
Down payment$64,397
Total interest paid$328,540

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$2,176
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
55th percentile[1]
Rental yield
[2]
Property tax
82nd percentile[3]

Frequently asked

How much is a home worth in ZIP code 55041?
The typical home in 55041 is worth $321,986, based on the Zillow Home Value Index.
Are home values rising in 55041?
Home values in 55041 are up 3.3% over the past year, and up 5.9% a year over five years.
What is the property tax rate in 55041?
The effective property tax rate in 55041 is 1.0% — roughly $3,333 a year on a typical home.
Who lives in 55041?
ZIP code 55041 has a population of 7,510 and a median household income of $78,672.

#Comparable ZIPs

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

  • Hayfield, MN

    Typical home
    $321,183
    Gross yield
  • Rochester, MN

    Typical home
    $329,266
    Gross yield
    6.1%
  • Kasson, MN

    Typical home
    $331,319
    Gross yield
  • Lanesboro, MN

    Typical home
    $332,340
    Gross yield
  • Claremont, MN

    Typical home
    $309,437
    Gross yield
  • Stewartville, MN

    Typical home
    $335,204
    Gross yield

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