HousingHandbookReference data

U.S. ZIP Code · MN55350

McLeod County

Typical home value

$295,873[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.2%
5-year / yr
+6.3%
10-year / yr
+6.1%

Relative price

vs U.S.
+4.2%
vs metro
vs state
≈ state median
ZIP 55350 location in MN
Location of ZIP 55350 in MN

Price history

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

The typical home in 55350 is worth $295,873. Over the past year, values have risen 3.2%. Homes here rent for a typical $1,071 a month — a 4.3% gross rental yield. The effective property tax rate is 1.1%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,071[2]
Gross yield
4.3%[2]
Cap rate
2.6%[2]

#Property tax

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

Effective tax rate
1.1%[3]
Typical annual tax
$3,376[3]

#Climate risk

FEMA National Risk Index ratings for McLeod 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
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
18,610[3]
Median household income
$79,123[3]

#Migration

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

Net migration
0[5]
Moved in
977
Moved out
977

Schools

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

Public schools
12
Elementary
4
Middle
2
High
5
  • HUTCHINSON SENIOR HIGH

    High · Grades 9–12 · HUTCHINSON PUBLIC SCHOOL DISTRICT

    888 students

  • HUTCHINSON MIDDLE

    Middle · Grades 6–8 · HUTCHINSON PUBLIC SCHOOL DISTRICT

    568 students

  • HUTCHINSON WEST ELEMENTARY

    Elementary · Grades PK–1 · HUTCHINSON PUBLIC SCHOOL DISTRICT

    424 students

  • HUTCHINSON PARK ELEMENTARY

    Elementary · Grades 4–5 · HUTCHINSON PUBLIC SCHOOL DISTRICT

    393 students

  • Hutchinson Tiger Elementary

    Elementary · Grades 2–3 · HUTCHINSON PUBLIC SCHOOL DISTRICT

    385 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 yield4.3%
Net yield (after ~40% expenses)2.6%
Annual rent$12,855

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$1,496
Loan principal$236,698
Down payment$59,175
Total interest paid$301,896

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 ratio1.89
Monthly cost to own$2,024
Monthly rent$1,071

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
[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 55350?
The typical home in 55350 is worth $295,873, based on the Zillow Home Value Index.
Are home values rising in 55350?
Home values in 55350 are up 3.2% over the past year, and up 6.3% a year over five years.
What is the typical rent in 55350?
A typical home in 55350 rents for about $1,071 a month, a gross rental yield of 4.3%.
What is the property tax rate in 55350?
The effective property tax rate in 55350 is 1.1% — roughly $3,376 a year on a typical home.
Who lives in 55350?
ZIP code 55350 has a population of 18,610 and a median household income of $79,123.

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