HousingHandbookReference data

U.S. ZIP Code · MN55076

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

Typical home value

$331,726[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.2%
5-year / yr
+2.4%
10-year / yr
+4.8%

Relative price

vs U.S.
+16.8%
vs metro
-13.2%
vs state
+11.4%
ZIP 55076 location in MN
Location of ZIP 55076 in MN

Price history

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

The typical home in 55076 is worth $331,726 — 13.2% below the Minneapolis-St. Paul-Bloomington, MN-WI median. Over the past year, values have risen 2.2%. Homes here rent for a typical $2,145 a month — a 7.8% 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
$2,145[2]
Gross yield
7.8%[2]
Cap rate
4.7%[2]

#Property tax

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

Effective tax rate
0.9%[3]
Typical annual tax
$3,098[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
21,374[3]
Median household income
$93,847[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
9
Elementary
4
Middle
1
High
3
  • SIMLEY SENIOR HIGH

    High · Grades 9–12 · INVER GROVE HEIGHTS SCHOOLS

    1,058 students

  • INVER GROVE HEIGHTS MIDDLE

    Middle · Grades 6–8 · INVER GROVE HEIGHTS SCHOOLS

    792 students

  • HILLTOP ELEMENTARY

    Elementary · Grades PK–5 · INVER GROVE HEIGHTS SCHOOLS

    613 students

  • PINE BEND ELEMENTARY

    Elementary · Grades PK–5 · INVER GROVE HEIGHTS SCHOOLS

    527 students

  • Discovery Charter Elementary School

    Elementary · Grades K–8 · Discovery Charter School

    175 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 yield7.8%
Net yield (after ~40% expenses)4.7%
Annual rent$25,740

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$1,677
Loan principal$265,380
Down payment$66,345
Total interest paid$338,478

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 ratio1.03
Monthly cost to own$2,211
Monthly rent$2,145

Owning and renting are roughly even.

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
14th percentile[1]
Rental yield
94th percentile[2]
Property tax
27th percentile[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 55076?
The typical home in 55076 is worth $331,726, based on the Zillow Home Value Index.
Are home values rising in 55076?
Home values in 55076 are up 2.2% over the past year, and up 2.4% a year over five years.
What is the typical rent in 55076?
A typical home in 55076 rents for about $2,145 a month, a gross rental yield of 7.8%.
What is the property tax rate in 55076?
The effective property tax rate in 55076 is 0.9% — roughly $3,098 a year on a typical home.
Who lives in 55076?
ZIP code 55076 has a population of 21,374 and a median household income of $93,847.

#Comparable ZIPs

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

  • Cokato, MN

    Typical home
    $331,656
    Gross yield
  • Isanti, MN

    Typical home
    $332,905
    Gross yield
    5.1%
  • Maiden Rock, WI

    Typical home
    $329,618
    Gross yield
  • Bloomington, MN

    Typical home
    $329,055
    Gross yield
    6.0%
  • Cambridge, MN

    Typical home
    $327,775
    Gross yield
  • Minneapolis, MN

    Typical home
    $327,301
    Gross yield
    6.5%

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