How much is a home worth in ZIP code 55068?

The typical home in 55068 is worth $412,106, based on the Zillow Home Value Index.

Are home values rising in 55068?

Home values in 55068 are up 0.6% over the past year, and up 2.7% a year over five years.

What is the typical rent in 55068?

A typical home in 55068 rents for about $2,081 a month, a gross rental yield of 6.1%.

What is the property tax rate in 55068?

The effective property tax rate in 55068 is 0.9% — roughly $3,827 a year on a typical home.

ZIP code 55068 has a population of 33,119 and a median household income of $127,798.

HousingHandbookReference data

…

U.S. ZIP Code · MN55068

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

Typical home value

$412,106^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +0.6%
5-year / yr: +2.7%
10-year / yr: +4.5%

Relative price

vs U.S.: +45.1%
vs metro: +7.9%
vs state: +38.4%

Price history

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

The typical home in 55068 is worth $412,106 — 7.9% above the Minneapolis-St. Paul-Bloomington, MN-WI median. Over the past year, values have risen 0.6%. Homes here rent for a typical $2,081 a month — a 6.1% 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: $2,081^[2]
Gross yield: 6.1%^[2]
Cap rate: 3.6%^[2]

#Property tax

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

Effective tax rate: 0.9%^[3]
Typical annual tax: $3,827^[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: 33,119^[3]
Median household income: $127,798^[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: 17
Elementary: 4
Middle: 3
High: 5

ROSEMOUNT SENIOR HIGH
High · Grades 9–12 · ROSEMOUNT-APPLE VALLEY-EAGAN
2,380 students
ROSEMOUNT MIDDLE
Middle · Grades 6–8 · ROSEMOUNT-APPLE VALLEY-EAGAN
1,187 students
ROSEMOUNT ELEMENTARY
Elementary · Grades K–5 · ROSEMOUNT-APPLE VALLEY-EAGAN
766 students
PARKVIEW ELEMENTARY
Elementary · Grades K–5 · ROSEMOUNT-APPLE VALLEY-EAGAN
701 students
SHANNON PARK ELEMENTARY
Elementary · Grades K–5 · ROSEMOUNT-APPLE VALLEY-EAGAN
523 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 yield6.1%

Net yield (after ~40% expenses)3.6%

Annual rent$24,972

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$2,084

Loan principal$329,684

Down payment$82,421

Total interest paid$420,494

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 ratio1.32

Monthly cost to own$2,747

Monthly rent$2,081

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: 17th percentile^[1]
Rental yield: 77th percentile^[2]
Property tax: 25th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 55068?: The typical home in 55068 is worth $412,106, based on the Zillow Home Value Index.
Are home values rising in 55068?: Home values in 55068 are up 0.6% over the past year, and up 2.7% a year over five years.
What is the typical rent in 55068?: A typical home in 55068 rents for about $2,081 a month, a gross rental yield of 6.1%.
What is the property tax rate in 55068?: The effective property tax rate in 55068 is 0.9% — roughly $3,827 a year on a typical home.
Who lives in 55068?: ZIP code 55068 has a population of 33,119 and a median household income of $127,798.

#Comparable ZIPs

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

54023 vs 55068 →
Roberts, WI
Typical home
$411,768
Gross yield
6.8%
55005 vs 55068 →
East Bethel, MN
Typical home
$410,909
Gross yield
—
55416
St. Louis Park, MN
Typical home
$414,310
Gross yield
5.4%
55319
Clear Lake, MN
Typical home
$409,676
Gross yield
—
55125
Woodbury, MN
Typical home
$415,059
Gross yield
5.7%
55438
Bloomington, MN
Typical home
$408,962
Gross yield
4.9%

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#Jump to section

U.S. ZIP Code · MN55068

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