How much is a home worth in ZIP code 55422?

The typical home in 55422 is worth $343,038, based on the Zillow Home Value Index.

Are home values rising in 55422?

Home values in 55422 are up 2.5% over the past year, and up 2.6% a year over five years.

What is the typical rent in 55422?

A typical home in 55422 rents for about $1,787 a month, a gross rental yield of 6.3%.

What is the property tax rate in 55422?

The effective property tax rate in 55422 is 1.2% — roughly $4,235 a year on a typical home.

ZIP code 55422 has a population of 28,452 and a median household income of $93,914.

HousingHandbookReference data

…

U.S. ZIP Code · MN55422

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

Typical home value

$343,038^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +2.5%
5-year / yr: +2.6%
10-year / yr: +5.2%

Relative price

vs U.S.: +20.8%
vs metro: -10.2%
vs state: +15.2%

Price history

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

The typical home in 55422 is worth $343,038 — 10.2% below the Minneapolis-St. Paul-Bloomington, MN-WI median. Over the past year, values have risen 2.5%. Homes here rent for a typical $1,787 a month — a 6.3% 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: $1,787^[2]
Gross yield: 6.3%^[2]
Cap rate: 3.8%^[2]

#Property tax

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

Effective tax rate: 1.2%^[3]
Typical annual tax: $4,235^[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: 28,452^[3]
Median household income: $93,914^[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: 9
Elementary: 5
Middle: 2
High: 2

MEADOWBROOK ELEMENTARY
Elementary · Grades PK–5 · HOPKINS PUBLIC SCHOOL DISTRICT
777 students
ROBBINSDALE MIDDLE
Middle · Grades 6–8 · ROBBINSDALE PUBLIC SCHOOL DISTRICT
611 students
The FAIR School - Crystal
Middle · Grades 6–8 · ROBBINSDALE PUBLIC SCHOOL DISTRICT
381 students
LAKEVIEW ELEMENTARY
Elementary · Grades PK–5 · ROBBINSDALE PUBLIC SCHOOL DISTRICT
342 students
NOBLE ELEMENTARY
Elementary · Grades PK–5 · ROBBINSDALE PUBLIC SCHOOL DISTRICT
260 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 yield6.3%

Net yield (after ~40% expenses)3.8%

Annual rent$21,442

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$1,735

Loan principal$274,430

Down payment$68,608

Total interest paid$350,021

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 ratio1.33

Monthly cost to own$2,372

Monthly rent$1,787

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: 16th percentile^[1]
Rental yield: 79th percentile^[2]
Property tax: 90th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 55422?: The typical home in 55422 is worth $343,038, based on the Zillow Home Value Index.
Are home values rising in 55422?: Home values in 55422 are up 2.5% over the past year, and up 2.6% a year over five years.
What is the typical rent in 55422?: A typical home in 55422 rents for about $1,787 a month, a gross rental yield of 6.3%.
What is the property tax rate in 55422?: The effective property tax rate in 55422 is 1.2% — roughly $4,235 a year on a typical home.
Who lives in 55422?: ZIP code 55422 has a population of 28,452 and a median household income of $93,914.

#Comparable ZIPs

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

55349 vs 55422 →
Howard Lake, MN
Typical home
$344,256
Gross yield
—
54002 vs 55422 →
Baldwin, WI
Typical home
$341,792
Gross yield
—
55109
Maplewood, MN
Typical home
$341,503
Gross yield
5.0%
54014
Hager City CDP, WI
Typical home
$341,455
Gross yield
—
55121
Eagan, MN
Typical home
$340,963
Gross yield
5.1%
55434
Blaine, MN
Typical home
$340,879
Gross yield
6.5%

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Pit ZIP 55422 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · MN55422

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