How much is a home worth in ZIP code 55301?

The typical home in 55301 is worth $381,278, based on the Zillow Home Value Index.

Are home values rising in 55301?

Home values in 55301 are up 0.1% over the past year, and up 3.1% a year over five years.

What is the typical rent in 55301?

A typical home in 55301 rents for about $2,908 a month, a gross rental yield of 9.2%.

What is the property tax rate in 55301?

The effective property tax rate in 55301 is 1.0% — roughly $3,963 a year on a typical home.

ZIP code 55301 has a population of 13,482 and a median household income of $129,232.

HousingHandbookReference data

…

U.S. ZIP Code · MN55301

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

Typical home value

$381,278^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +0.1%
5-year / yr: +3.1%
10-year / yr: +5.5%

Relative price

vs U.S.: +34.2%
vs metro: ≈ metro median
vs state: +28.1%

Price history

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

The typical home in 55301 is worth $381,278. Over the past year, values have risen 0.1%. Homes here rent for a typical $2,908 a month — a 9.2% 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: $2,908^[2]
Gross yield: 9.2%^[2]
Cap rate: 5.5%^[2]

#Property tax

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

Effective tax rate: 1.0%^[3]
Typical annual tax: $3,963^[3]

#Climate risk

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

Overall risk: Relatively Low^[4]
Riverine flood: Relatively Moderate
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: Relatively Low
Heat wave: Relatively Low
Hurricane: Not Applicable
Tornado: Relatively Moderate
Earthquake: Very Low
Winter weather: Relatively Moderate

#Who lives here

Population: 13,482^[3]
Median household income: $129,232^[3]

#Migration

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

Net migration: +686^[5]
Moved in: 4,761
Moved out: 4,075

Schools

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

Public schools: 5
Elementary: 2
Middle: 2
High: 1

St. Michael-Albertville Middle West
Middle · Grades 5–8 · St. Michael-Albertville Schools
1,066 students
ALBERTVILLE PRIMARY
Elementary · Grades PK–K · St. Michael-Albertville Schools
503 students
Kaleidoscope Charter Elementary Sch
Elementary · Grades K–5 · KALEIDOSCOPE CHARTER SCHOOL
288 students
Kaleidoscope Middle School
Middle · Grades 6–8 · KALEIDOSCOPE CHARTER SCHOOL
115 students
Kaleidoscope Charter High School
High · Grades 9–12 · KALEIDOSCOPE CHARTER SCHOOL
72 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 yield9.2%

Net yield (after ~40% expenses)5.5%

Annual rent$34,896

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$1,928

Loan principal$305,022

Down payment$76,256

Total interest paid$389,039

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.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio0.89

Monthly cost to own$2,576

Monthly rent$2,908

Owning 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: 37th percentile^[1]
Rental yield: 97th percentile^[2]
Property tax: 57th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 55301?: The typical home in 55301 is worth $381,278, based on the Zillow Home Value Index.
Are home values rising in 55301?: Home values in 55301 are up 0.1% over the past year, and up 3.1% a year over five years.
What is the typical rent in 55301?: A typical home in 55301 rents for about $2,908 a month, a gross rental yield of 9.2%.
What is the property tax rate in 55301?: The effective property tax rate in 55301 is 1.0% — roughly $3,963 a year on a typical home.
Who lives in 55301?: ZIP code 55301 has a population of 13,482 and a median household income of $129,232.

#Comparable ZIPs

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

54015 vs 55301 →
Hammond, WI
Typical home
$381,185
Gross yield
—
55112 vs 55301 →
Arden Hills, MN
Typical home
$381,072
Gross yield
4.5%
55313
Buffalo, MN
Typical home
$381,509
Gross yield
—
55431
Bloomington, MN
Typical home
$380,865
Gross yield
5.4%
55303
Ramsey, MN
Typical home
$381,982
Gross yield
5.2%
56017
Cleveland, MN
Typical home
$380,546
Gross yield
—

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#Jump to section

U.S. ZIP Code · MN55301

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