How much is a home worth in ZIP code 55417?

The typical home in 55417 is worth $383,420, based on the Zillow Home Value Index.

Are home values rising in 55417?

Home values in 55417 are up 2.5% over the past year, and up 2.5% a year over five years.

What is the typical rent in 55417?

A typical home in 55417 rents for about $1,927 a month, a gross rental yield of 6.0%.

What is the property tax rate in 55417?

The effective property tax rate in 55417 is 1.2% — roughly $4,570 a year on a typical home.

ZIP code 55417 has a population of 25,102 and a median household income of $126,261.

HousingHandbookReference data

…

U.S. ZIP Code · MN55417

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

Typical home value

$383,420^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +2.5%
5-year / yr: +2.5%
10-year / yr: +4.4%

Relative price

vs U.S.: +35.0%
vs metro: ≈ metro median
vs state: +28.8%

Price history

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

The typical home in 55417 is worth $383,420. Over the past year, values have risen 2.5%. Homes here rent for a typical $1,927 a month — a 6.0% gross rental yield. The effective property tax rate is 1.2%.

#Rent & investment

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

Monthly rent: $1,927^[2]
Gross yield: 6.0%^[2]
Cap rate: 3.6%^[2]

#Property tax

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

Effective tax rate: 1.2%^[3]
Typical annual tax: $4,570^[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: 25,102^[3]
Median household income: $126,261^[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: 8
Elementary: 5
Middle: 1
High: 2

Lake Nokomis Keewaydin Elementary
Elementary · Grades 2–5 · Minneapolis Public School District
343 students
HALE ELEMENTARY
Elementary · Grades K–2 · Minneapolis Public School District
323 students
Lake Nokomis Wenonah Elementary
Elementary · Grades K–1 · Minneapolis Public School District
159 students
CVA PASCAL Middle & High School
High · Grades 6–12 · CYBER VILLAGE ACADEMY
73 students
CVA Fusion High School (9-12)
High · Grades 9–12 · CYBER VILLAGE ACADEMY
56 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 yield6.0%

Net yield (after ~40% expenses)3.6%

Annual rent$23,118

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$1,939

Loan principal$306,736

Down payment$76,684

Total interest paid$391,224

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 ratio1.37

Monthly cost to own$2,639

Monthly rent$1,927

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: 15th percentile^[1]
Rental yield: 74th percentile^[2]
Property tax: 84th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 55417?: The typical home in 55417 is worth $383,420, based on the Zillow Home Value Index.
Are home values rising in 55417?: Home values in 55417 are up 2.5% over the past year, and up 2.5% a year over five years.
What is the typical rent in 55417?: A typical home in 55417 rents for about $1,927 a month, a gross rental yield of 6.0%.
What is the property tax rate in 55417?: The effective property tax rate in 55417 is 1.2% — roughly $4,570 a year on a typical home.
Who lives in 55417?: ZIP code 55417 has a population of 25,102 and a median household income of $126,261.

#Comparable ZIPs

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

55110 vs 55417 →
White Bear Lake, MN
Typical home
$383,348
Gross yield
5.4%
55388 vs 55417 →
Watertown, MN
Typical home
$383,716
Gross yield
—
55014
Lino Lakes, MN
Typical home
$383,853
Gross yield
5.4%
55033
Hastings, MN
Typical home
$384,237
Gross yield
4.5%
55303
Ramsey, MN
Typical home
$381,982
Gross yield
5.2%
55443
Brooklyn Park, MN
Typical home
$385,324
Gross yield
4.8%

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

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Pit ZIP 55417 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · MN55417

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