HousingHandbookReference data

U.S. ZIP Code · MN55077

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

Typical home value

$566,507[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+0.9%
5-year / yr
+3.0%
10-year / yr
+4.4%

Relative price

vs U.S.
+99.4%
vs metro
+48.3%
vs state
+90.3%
ZIP 55077 location in MN
Location of ZIP 55077 in MN

Price history

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

The typical home in 55077 is worth $566,507 — 48.3% above the Minneapolis-St. Paul-Bloomington, MN-WI median. Over the past year, values have risen 0.9%. Homes here rent for a typical $1,827 a month — a 3.9% gross rental yield. 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
$1,827[2]
Gross yield
3.9%[2]
Cap rate
2.3%[2]

#Property tax

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

Effective tax rate
1.0%[3]
Typical annual tax
$5,577[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
14,503[3]
Median household income
$111,967[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
2
Elementary
2
Middle
0
High
0
  • SALEM HILLS ELEMENTARY

    Elementary · Grades PK–5 · INVER GROVE HEIGHTS SCHOOLS

    310 students

  • ATHENEUM ELEMENTARY

    Elementary · Grades 2–5 · INVER GROVE HEIGHTS SCHOOLS

    80 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 yield3.9%
Net yield (after ~40% expenses)2.3%
Annual rent$21,930

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$2,865
Loan principal$453,205
Down payment$113,301
Total interest paid$578,039

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 ratio2.08
Monthly cost to own$3,799
Monthly rent$1,827

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
30th percentile[1]
Rental yield
7th percentile[2]
Property tax
38th percentile[3]

Frequently asked

How much is a home worth in ZIP code 55077?
The typical home in 55077 is worth $566,507, based on the Zillow Home Value Index.
Are home values rising in 55077?
Home values in 55077 are up 0.9% over the past year, and up 3.0% a year over five years.
What is the typical rent in 55077?
A typical home in 55077 rents for about $1,827 a month, a gross rental yield of 3.9%.
What is the property tax rate in 55077?
The effective property tax rate in 55077 is 1.0% — roughly $5,577 a year on a typical home.
Who lives in 55077?
ZIP code 55077 has a population of 14,503 and a median household income of $111,967.

#Comparable ZIPs

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

  • Eden Prairie, MN

    Typical home
    $571,885
    Gross yield
    4.2%
  • Houlton CDP, WI

    Typical home
    $549,995
    Gross yield
  • Spring Park, MN

    Typical home
    $587,306
    Gross yield
  • Woodbury, MN

    Typical home
    $541,595
    Gross yield
    5.3%
  • Minnetonka, MN

    Typical home
    $541,300
    Gross yield
    3.8%
  • Scandia, MN

    Typical home
    $540,354
    Gross yield

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