HousingHandbookReference data

U.S. ZIP Code · MN55070

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

Typical home value

$354,265[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.5%
5-year / yr
+3.9%
10-year / yr
+6.0%

Relative price

vs U.S.
+24.7%
vs metro
-7.3%
vs state
+19.0%
ZIP 55070 location in MN
Location of ZIP 55070 in MN

Price history

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

The typical home in 55070 is worth $354,265 — 7.3% below the Minneapolis-St. Paul-Bloomington, MN-WI median. Over the past year, values have risen 1.5%. The effective property tax rate is 0.8%.

#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
0.8%[3]
Typical annual tax
$2,892[3]

#Climate risk

FEMA National Risk Index ratings for Anoka 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 Moderate
Earthquake
Very Low
Winter weather
Relatively Moderate

#Who lives here

Population
8,441[3]
Median household income
$108,750[3]

#Migration

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

Net migration
+335[5]
Moved in
11,673
Moved out
11,338

Schools

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

Public schools
10
Elementary
2
Middle
2
High
5
  • ST. FRANCIS HIGH

    High · Grades 9–12 · St. Francis Area Schools

    1,136 students

  • St. Francis Middle

    Middle · Grades 6–8 · St. Francis Area Schools

    896 students

  • ST. FRANCIS ELEMENTARY

    Elementary · Grades K–5 · St. Francis Area Schools

    635 students

  • Saints Academy

    High · Grades 7–12 · St. Francis Area Schools

    167 students

  • Saints Online High School

    High · Grades 9–12 · St. Francis Area Schools

    102 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$1,791
Loan principal$283,412
Down payment$70,853
Total interest paid$361,476

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$2,329
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
68th percentile[1]
Rental yield
[2]
Property tax
4th percentile[3]

Frequently asked

How much is a home worth in ZIP code 55070?
The typical home in 55070 is worth $354,265, based on the Zillow Home Value Index.
Are home values rising in 55070?
Home values in 55070 are up 1.5% over the past year, and up 3.9% a year over five years.
What is the property tax rate in 55070?
The effective property tax rate in 55070 is 0.8% — roughly $2,892 a year on a typical home.
Who lives in 55070?
ZIP code 55070 has a population of 8,441 and a median household income of $108,750.

#Comparable ZIPs

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

  • North Branch, MN

    Typical home
    $354,864
    Gross yield
  • Hamburg, MN

    Typical home
    $353,639
    Gross yield
  • Waverly, MN

    Typical home
    $353,260
    Gross yield
  • Belle Plaine, MN

    Typical home
    $353,101
    Gross yield
  • Newport, MN

    Typical home
    $352,665
    Gross yield
  • Minneapolis, MN

    Typical home
    $352,555
    Gross yield
    5.8%

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