HousingHandbookReference data

U.S. ZIP Code · MN55303

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

Typical home value

$381,982[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.3%
5-year / yr
+3.3%
10-year / yr
+5.5%

Relative price

vs U.S.
+34.5%
vs metro
≈ metro median
vs state
+28.3%
ZIP 55303 location in MN
Location of ZIP 55303 in MN

Price history

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

The typical home in 55303 is worth $381,982. Over the past year, values have risen 2.3%. Homes here rent for a typical $1,667 a month — a 5.2% 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
$1,667[2]
Gross yield
5.2%[2]
Cap rate
3.1%[2]

#Property tax

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

Effective tax rate
0.9%[3]
Typical annual tax
$3,510[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
52,614[3]
Median household income
$102,986[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
16
Elementary
6
Middle
1
High
7
  • Anoka High School

    High · Grades 9–12 · Anoka-Hennepin School District

    2,353 students

  • ANOKA MIDDLE SCHOOL FOR THE ARTS

    Middle · Grades 6–8 · Anoka-Hennepin School District

    1,604 students

  • EARLY CHILDHOOD/SPECIAL EDUCATION

    Prekindergarten · Grades PK · Anoka-Hennepin School District

    1,112 students

  • RAMSEY ELEMENTARY

    Elementary · Grades K–5 · Anoka-Hennepin School District

    946 students

  • Brookside Elementary

    Elementary · Grades K–5 · Anoka-Hennepin School District

    770 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 yield5.2%
Net yield (after ~40% expenses)3.1%
Annual rent$19,999

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$1,932
Loan principal$305,586
Down payment$76,396
Total interest paid$389,758

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 ratio1.53
Monthly cost to own$2,543
Monthly rent$1,667

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
43rd percentile[1]
Rental yield
49th percentile[2]
Property tax
22nd percentile[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 55303?
The typical home in 55303 is worth $381,982, based on the Zillow Home Value Index.
Are home values rising in 55303?
Home values in 55303 are up 2.3% over the past year, and up 3.3% a year over five years.
What is the typical rent in 55303?
A typical home in 55303 rents for about $1,667 a month, a gross rental yield of 5.2%.
What is the property tax rate in 55303?
The effective property tax rate in 55303 is 0.9% — roughly $3,510 a year on a typical home.
Who lives in 55303?
ZIP code 55303 has a population of 52,614 and a median household income of $102,986.

#Comparable ZIPs

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

  • Buffalo, MN

    Typical home
    $381,509
    Gross yield
  • Albertville, MN

    Typical home
    $381,278
    Gross yield
    9.2%
  • Hammond, WI

    Typical home
    $381,185
    Gross yield
  • Arden Hills, MN

    Typical home
    $381,072
    Gross yield
    4.5%
  • Bloomington, MN

    Typical home
    $380,865
    Gross yield
    5.4%
  • White Bear Lake, MN

    Typical home
    $383,348
    Gross yield
    5.4%

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