How much is a home worth in ZIP code 55414?

The typical home in 55414 is worth $345,309, based on the Zillow Home Value Index.

Are home values rising in 55414?

Home values in 55414 are down 0.9% over the past year, and down 0.8% a year over five years.

What is the typical rent in 55414?

A typical home in 55414 rents for about $1,489 a month, a gross rental yield of 5.2%.

What is the property tax rate in 55414?

The effective property tax rate in 55414 is 1.1% — roughly $3,873 a year on a typical home.

ZIP code 55414 has a population of 35,007 and a median household income of $51,966.

HousingHandbookReference data

…

U.S. ZIP Code · MN55414

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

Typical home value

$345,309^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -0.9%
5-year / yr: -0.8%
10-year / yr: +2.3%

Relative price

vs U.S.: +21.6%
vs metro: -9.6%
vs state: +16.0%

Price history

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

The typical home in 55414 is worth $345,309 — 9.6% below the Minneapolis-St. Paul-Bloomington, MN-WI median. Over the past year, values have fallen 0.9%. Homes here rent for a typical $1,489 a month — a 5.2% 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: $1,489^[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: 1.1%^[3]
Typical annual tax: $3,873^[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: 35,007^[3]
Median household income: $51,966^[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

Schools

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

Public schools: 5
Elementary: 2
Middle: 0
High: 2

Marcy Elementary
Elementary · Grades PK–5 · Minneapolis Public School District
424 students
Venture Academy High School
High · Grades 9–12 · Venture Academy
226 students
PRATT ELEMENTARY
Elementary · Grades PK–5 · Minneapolis Public School District
187 students
MTS PEASE ACADEMY
High · Grades 9–12 · Minnesota Transitions Charter Sch
21 students
RONALD MCDONALD HOUSE
Other · Grades K–12 · Minneapolis Public School District
8 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$17,871

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$1,746

Loan principal$276,247

Down payment$69,062

Total interest paid$352,338

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 ratio1.58

Monthly cost to own$2,356

Monthly rent$1,489

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: 3rd percentile^[1]
Rental yield: 47th percentile^[2]
Property tax: 75th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 55414?: The typical home in 55414 is worth $345,309, based on the Zillow Home Value Index.
Are home values rising in 55414?: Home values in 55414 are down 0.9% over the past year, and down 0.8% a year over five years.
What is the typical rent in 55414?: A typical home in 55414 rents for about $1,489 a month, a gross rental yield of 5.2%.
What is the property tax rate in 55414?: The effective property tax rate in 55414 is 1.1% — roughly $3,873 a year on a typical home.
Who lives in 55414?: ZIP code 55414 has a population of 35,007 and a median household income of $51,966.

#Comparable ZIPs

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

55085 vs 55414 →
Vermillion, MN
Typical home
$345,303
Gross yield
—
55397 vs 55414 →
Norwood Young America, MN
Typical home
$345,240
Gross yield
—
55349
Howard Lake, MN
Typical home
$344,256
Gross yield
—
55406
Minneapolis, MN
Typical home
$346,990
Gross yield
5.1%
55448
Coon Rapids, MN
Typical home
$347,325
Gross yield
6.0%
55422
Golden Valley, MN
Typical home
$343,038
Gross yield
6.3%

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Pit ZIP 55414 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · MN55414

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