How much is a home worth in ZIP code 55362?

The typical home in 55362 is worth $359,725, based on the Zillow Home Value Index.

Are home values rising in 55362?

Home values in 55362 are up 1.9% over the past year, and up 3.7% a year over five years.

What is the typical rent in 55362?

A typical home in 55362 rents for about $1,562 a month, a gross rental yield of 5.2%.

What is the property tax rate in 55362?

The effective property tax rate in 55362 is 0.8% — roughly $2,753 a year on a typical home.

ZIP code 55362 has a population of 20,663 and a median household income of $91,832.

HousingHandbookReference data

…

U.S. ZIP Code · MN55362

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

Typical home value

$359,725^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.9%
5-year / yr: +3.7%
10-year / yr: +5.7%

Relative price

vs U.S.: +26.6%
vs metro: -5.8%
vs state: +20.8%

Price history

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

The typical home in 55362 is worth $359,725 — 5.8% below the Minneapolis-St. Paul-Bloomington, MN-WI median. Over the past year, values have risen 1.9%. Homes here rent for a typical $1,562 a month — a 5.2% gross rental yield. 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: $1,562^[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: 0.8%^[3]
Typical annual tax: $2,753^[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: 20,663^[3]
Median household income: $91,832^[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: 20
Elementary: 9
Middle: 4
High: 5

MONTICELLO SENIOR HIGH
High · Grades 9–12 · MONTICELLO PUBLIC SCHOOL DISTRICT
1,330 students
MONTICELLO MIDDLE
Middle · Grades 6–8 · MONTICELLO PUBLIC SCHOOL DISTRICT
942 students
PINEWOOD ELEMENTARY
Elementary · Grades 1–5 · MONTICELLO PUBLIC SCHOOL DISTRICT
790 students
LITTLE MOUNTAIN ELEMENTARY
Elementary · Grades 1–5 · MONTICELLO PUBLIC SCHOOL DISTRICT
598 students
Eastview Education Center
Elementary · Grades PK–K · MONTICELLO PUBLIC SCHOOL DISTRICT
326 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.

Home value$Monthly rent$

Gross yield5.2%

Net yield (after ~40% expenses)3.1%

Annual rent$18,749

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.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,819

Loan principal$287,780

Down payment$71,945

Total interest paid$367,048

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.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.50

Monthly cost to own$2,350

Monthly rent$1,562

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: 65th percentile^[1]
Rental yield: 48th percentile^[2]
Property tax: 1st percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

9th for fastest-growing in MNView list →

Frequently asked

How much is a home worth in ZIP code 55362?: The typical home in 55362 is worth $359,725, based on the Zillow Home Value Index.
Are home values rising in 55362?: Home values in 55362 are up 1.9% over the past year, and up 3.7% a year over five years.
What is the typical rent in 55362?: A typical home in 55362 rents for about $1,562 a month, a gross rental yield of 5.2%.
What is the property tax rate in 55362?: The effective property tax rate in 55362 is 0.8% — roughly $2,753 a year on a typical home.
Who lives in 55362?: ZIP code 55362 has a population of 20,663 and a median household income of $91,832.

#Comparable ZIPs

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

55122 vs 55362 →
Eagan, MN
Typical home
$358,806
Gross yield
5.4%
55128 vs 55362 →
Oakdale, MN
Typical home
$358,676
Gross yield
6.3%
55368
Norwood Young America, MN
Typical home
$357,668
Gross yield
—
55445
Brooklyn Park, MN
Typical home
$362,907
Gross yield
6.7%
55337
Burnsville, MN
Typical home
$356,016
Gross yield
4.8%
55056
North Branch, MN
Typical home
$354,864
Gross yield
—

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#Jump to section

U.S. ZIP Code · MN55362

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