HousingHandbookReference data

U.S. ZIP Code · MN55308

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

Typical home value

$375,015[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.9%
5-year / yr
+4.1%
10-year / yr
+6.1%

Relative price

vs U.S.
+32.0%
vs metro
-1.8%
vs state
+26.0%
ZIP 55308 location in MN
Location of ZIP 55308 in MN

Price history

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

The typical home in 55308 is worth $375,015 — 1.8% below the Minneapolis-St. Paul-Bloomington, MN-WI median. Over the past year, values have risen 1.9%. 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]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
1.0%[3]
Typical annual tax
$3,620[3]

#Climate risk

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

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

#Who lives here

Population
10,321[3]
Median household income
$106,510[3]

#Migration

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

Net migration
-154[5]
Moved in
3,383
Moved out
3,537

Schools

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

Public schools
5
Elementary
2
Middle
1
High
2
  • BECKER SENIOR HIGH

    High · Grades 9–12 · BECKER PUBLIC SCHOOL DISTRICT

    853 students

  • BECKER MIDDLE

    Middle · Grades 6–8 · BECKER PUBLIC SCHOOL DISTRICT

    662 students

  • BECKER PRIMARY

    Elementary · Grades PK–2 · BECKER PUBLIC SCHOOL DISTRICT

    656 students

  • BECKER INTERMEDIATE ELEMENTARY

    Elementary · Grades 3–5 · BECKER PUBLIC SCHOOL DISTRICT

    643 students

  • BECKER ALTERNATIVE LEARNING PROGRAM

    High · Grades 9–12 · BECKER PUBLIC SCHOOL DISTRICT

    33 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$1,896
Loan principal$300,012
Down payment$75,003
Total interest paid$382,649

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$2,512
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
71st percentile[1]
Rental yield
[2]
Property tax
33rd percentile[3]

Frequently asked

How much is a home worth in ZIP code 55308?
The typical home in 55308 is worth $375,015, based on the Zillow Home Value Index.
Are home values rising in 55308?
Home values in 55308 are up 1.9% over the past year, and up 4.1% a year over five years.
What is the property tax rate in 55308?
The effective property tax rate in 55308 is 1.0% — roughly $3,620 a year on a typical home.
Who lives in 55308?
ZIP code 55308 has a population of 10,321 and a median household income of $106,510.

#Comparable ZIPs

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

  • Minneapolis, MN

    Typical home
    $375,424
    Gross yield
    5.1%
  • St. Louis Park, MN

    Typical home
    $375,678
    Gross yield
    5.8%
  • Champlin, MN

    Typical home
    $376,490
    Gross yield
    7.1%
  • Big Lake, MN

    Typical home
    $373,322
    Gross yield
    5.7%
  • Golden Valley, MN

    Typical home
    $371,374
    Gross yield
    5.1%
  • Apple Valley, MN

    Typical home
    $378,782
    Gross yield
    6.4%

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