How much is a home worth in ZIP code 55432?

The typical home in 55432 is worth $325,721, based on the Zillow Home Value Index.

Are home values rising in 55432?

Home values in 55432 are up 2.2% over the past year, and up 3.4% a year over five years.

What is the typical rent in 55432?

A typical home in 55432 rents for about $1,498 a month, a gross rental yield of 5.5%.

What is the property tax rate in 55432?

The effective property tax rate in 55432 is 1.1% — roughly $3,483 a year on a typical home.

ZIP code 55432 has a population of 33,672 and a median household income of $79,520.

HousingHandbookReference data

…

U.S. ZIP Code · MN55432

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

Typical home value

$325,721^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +2.2%
5-year / yr: +3.4%
10-year / yr: +6.0%

Relative price

vs U.S.: +14.7%
vs metro: -14.7%
vs state: +9.4%

Price history

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

The typical home in 55432 is worth $325,721 — 14.7% below the Minneapolis-St. Paul-Bloomington, MN-WI median. Over the past year, values have risen 2.2%. Homes here rent for a typical $1,498 a month — a 5.5% 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: $1,498^[2]
Gross yield: 5.5%^[2]
Cap rate: 3.3%^[2]

#Property tax

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

Effective tax rate: 1.1%^[3]
Typical annual tax: $3,483^[3]

#Climate risk

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

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

#Who lives here

Population: 33,672^[3]
Median household income: $79,520^[3]

#Migration

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

Net migration: +335^[5]
Moved in: 11,673
Moved out: 11,338

Schools

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

Public schools: 22
Elementary: 7
Middle: 2
High: 9

SPRING LAKE PARK SENIOR HIGH
High · Grades 9–12 · SPRING LAKE PARK PUBLIC SCHOOLS
1,965 students
FRIDLEY SENIOR HIGH
High · Grades 9–12 · FRIDLEY PUBLIC SCHOOL DISTRICT
799 students
FRIDLEY MIDDLE
Middle · Grades 5–8 · FRIDLEY PUBLIC SCHOOL DISTRICT
632 students
Woodcrest El. Spanish Immersion
Elementary · Grades K–4 · SPRING LAKE PARK PUBLIC SCHOOLS
555 students
Park Terrace Elementary
Elementary · Grades PK–4 · SPRING LAKE PARK PUBLIC SCHOOLS
525 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 yield5.5%

Net yield (after ~40% expenses)3.3%

Annual rent$17,981

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$1,647

Loan principal$260,577

Down payment$65,144

Total interest paid$332,351

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 ratio1.47

Monthly cost to own$2,209

Monthly rent$1,498

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: 48th percentile^[1]
Rental yield: 58th percentile^[2]
Property tax: 65th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 55432?: The typical home in 55432 is worth $325,721, based on the Zillow Home Value Index.
Are home values rising in 55432?: Home values in 55432 are up 2.2% over the past year, and up 3.4% a year over five years.
What is the typical rent in 55432?: A typical home in 55432 rents for about $1,498 a month, a gross rental yield of 5.5%.
What is the property tax rate in 55432?: The effective property tax rate in 55432 is 1.1% — roughly $3,483 a year on a typical home.
Who lives in 55432?: ZIP code 55432 has a population of 33,672 and a median household income of $79,520.

#Comparable ZIPs

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

55433 vs 55432 →
Coon Rapids, MN
Typical home
$325,925
Gross yield
6.0%
55363 vs 55432 →
Montrose, MN
Typical home
$325,132
Gross yield
—
56353
Milaca, MN
Typical home
$326,602
Gross yield
—
56069
Montgomery, MN
Typical home
$324,688
Gross yield
—
55413
Minneapolis, MN
Typical home
$327,301
Gross yield
6.5%
55008
Cambridge, MN
Typical home
$327,775
Gross yield
—

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#Jump to section

U.S. ZIP Code · MN55432

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