HousingHandbookReference data

U.S. ZIP Code · MN55375

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

Typical home value

$453,609[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.3%
5-year / yr
+3.4%
10-year / yr
+4.6%

Relative price

vs U.S.
+59.7%
vs metro
+18.8%
vs state
+52.3%
ZIP 55375 location in MN
Location of ZIP 55375 in MN

Price history

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

The typical home in 55375 is worth $453,609 — 18.8% above the Minneapolis-St. Paul-Bloomington, MN-WI median. Over the past year, values have risen 2.3%. 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
$4,648[3]

#Climate risk

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

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

#Who lives here

Population
4,326[3]
Median household income
$130,893[3]

#Migration

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

Net migration
-2,269[5]
Moved in
38,182
Moved out
40,451

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$2,294
Loan principal$362,887
Down payment$90,722
Total interest paid$462,843

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$3,057
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
49th percentile[1]
Rental yield
[2]
Property tax
51st percentile[3]

Frequently asked

How much is a home worth in ZIP code 55375?
The typical home in 55375 is worth $453,609, based on the Zillow Home Value Index.
Are home values rising in 55375?
Home values in 55375 are up 2.3% over the past year, and up 3.4% a year over five years.
What is the property tax rate in 55375?
The effective property tax rate in 55375 is 1.0% — roughly $4,648 a year on a typical home.
Who lives in 55375?
ZIP code 55375 has a population of 4,326 and a median household income of $130,893.

#Comparable ZIPs

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

  • Hanover, MN

    Typical home
    $453,910
    Gross yield
  • Cologne, MN

    Typical home
    $455,122
    Gross yield
  • Hugo, MN

    Typical home
    $457,127
    Gross yield
    5.9%
  • St. Paul, MN

    Typical home
    $459,769
    Gross yield
    4.3%
  • Waconia, MN

    Typical home
    $461,540
    Gross yield
    4.5%
  • East Bethel, MN

    Typical home
    $445,449
    Gross yield

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