HousingHandbookReference data

U.S. ZIP Code · MN55302

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

Typical home value

$405,313[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+6.1%
5-year / yr
+5.5%
10-year / yr
+6.4%

Relative price

vs U.S.
+42.7%
vs metro
+6.1%
vs state
+36.1%
ZIP 55302 location in MN
Location of ZIP 55302 in MN

Price history

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

The typical home in 55302 is worth $405,313 — 6.1% above the Minneapolis-St. Paul-Bloomington, MN-WI median. Over the past year, values have risen 6.1%. 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
$3,262[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
7,326[3]
Median household income
$83,235[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
4
Elementary
1
Middle
1
High
2
  • ANNANDALE ELEMENTARY SCHOOL

    Elementary · Grades PK–5 · ANNANDALE PUBLIC SCHOOL DISTRICT

    943 students

  • ANNANDALE SENIOR HIGH

    High · Grades 9–12 · ANNANDALE PUBLIC SCHOOL DISTRICT

    633 students

  • ANNANDALE MIDDLE SCHOOL

    Middle · Grades 6–8 · ANNANDALE PUBLIC SCHOOL DISTRICT

    473 students

  • Sholund School for Girls

    High · Grades 5–12 · MEEKER AND WRIGHT SPECIAL EDUCATION

    12 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$2,049
Loan principal$324,250
Down payment$81,063
Total interest paid$413,563

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$2,657
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
93rd percentile[1]
Rental yield
[2]
Property tax
3rd percentile[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 55302?
The typical home in 55302 is worth $405,313, based on the Zillow Home Value Index.
Are home values rising in 55302?
Home values in 55302 are up 6.1% over the past year, and up 5.5% a year over five years.
What is the property tax rate in 55302?
The effective property tax rate in 55302 is 0.8% — roughly $3,262 a year on a typical home.
Who lives in 55302?
ZIP code 55302 has a population of 7,326 and a median household income of $83,235.

#Comparable ZIPs

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

  • Center City, MN

    Typical home
    $404,750
    Gross yield
  • Farmington, MN

    Typical home
    $403,329
    Gross yield
    6.3%
  • Prescott, WI

    Typical home
    $402,955
    Gross yield
  • Harris, MN

    Typical home
    $407,875
    Gross yield
  • River Falls, WI

    Typical home
    $408,116
    Gross yield
    5.0%
  • Lakeland, MN

    Typical home
    $402,431
    Gross yield

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