HousingHandbookReference data

U.S. ZIP Code · MN55337

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

Typical home value

$356,016[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.8%
5-year / yr
+3.3%
10-year / yr
+5.2%

Relative price

vs U.S.
+25.3%
vs metro
-6.8%
vs state
+19.6%
ZIP 55337 location in MN
Location of ZIP 55337 in MN

Price history

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

The typical home in 55337 is worth $356,016 — 6.8% below the Minneapolis-St. Paul-Bloomington, MN-WI median. Over the past year, values have risen 2.8%. Homes here rent for a typical $1,428 a month — a 4.8% 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
$1,428[2]
Gross yield
4.8%[2]
Cap rate
2.9%[2]

#Property tax

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

Effective tax rate
0.9%[3]
Typical annual tax
$3,328[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
47,633[3]
Median household income
$84,110[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
16
Elementary
8
Middle
1
High
4
  • Burnsville High School

    High · Grades 9–12 · Burnsville-Eagan-Savage Schools

    2,100 students

  • ECHO PARK LEADERSHIP ENGINEER/TECH

    Elementary · Grades PK–5 · ROSEMOUNT-APPLE VALLEY-EAGAN

    765 students

  • Joseph Nicollet Middle School

    Middle · Grades 6–8 · Burnsville-Eagan-Savage Schools

    748 students

  • WILLIAM BYRNE ELEMENTARY

    Elementary · Grades PK–5 · Burnsville-Eagan-Savage Schools

    569 students

  • SKY OAKS ELEMENTARY

    Elementary · Grades PK–5 · Burnsville-Eagan-Savage Schools

    459 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 yield4.8%
Net yield (after ~40% expenses)2.9%
Annual rent$17,135

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$1,800
Loan principal$284,812
Down payment$71,203
Total interest paid$363,263

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 ratio1.66
Monthly cost to own$2,373
Monthly rent$1,428

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
44th percentile[1]
Rental yield
28th percentile[2]
Property tax
28th percentile[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 55337?
The typical home in 55337 is worth $356,016, based on the Zillow Home Value Index.
Are home values rising in 55337?
Home values in 55337 are up 2.8% over the past year, and up 3.3% a year over five years.
What is the typical rent in 55337?
A typical home in 55337 rents for about $1,428 a month, a gross rental yield of 4.8%.
What is the property tax rate in 55337?
The effective property tax rate in 55337 is 0.9% — roughly $3,328 a year on a typical home.
Who lives in 55337?
ZIP code 55337 has a population of 47,633 and a median household income of $84,110.

#Comparable ZIPs

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

  • North Branch, MN

    Typical home
    $354,864
    Gross yield
  • Norwood Young America, MN

    Typical home
    $357,668
    Gross yield
  • St. Francis, MN

    Typical home
    $354,265
    Gross yield
  • Hamburg, MN

    Typical home
    $353,639
    Gross yield
  • Oakdale, MN

    Typical home
    $358,676
    Gross yield
    6.3%
  • Waverly, MN

    Typical home
    $353,260
    Gross yield

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 55337 against any other ZIP — full side-by-side table.

Compare 55337

#Jump to section