How much is a home worth in ZIP code 55437?

The typical home in 55437 is worth $399,457, based on the Zillow Home Value Index.

Are home values rising in 55437?

Home values in 55437 are up 3.4% over the past year, and up 3.1% a year over five years.

What is the typical rent in 55437?

A typical home in 55437 rents for about $1,670 a month, a gross rental yield of 5.0%.

What is the property tax rate in 55437?

The effective property tax rate in 55437 is 1.1% — roughly $4,313 a year on a typical home.

ZIP code 55437 has a population of 18,881 and a median household income of $95,718.

HousingHandbookReference data

…

U.S. ZIP Code · MN55437

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

Typical home value

$399,457^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +3.4%
5-year / yr: +3.1%
10-year / yr: +4.7%

Relative price

vs U.S.: +40.6%
vs metro: +4.6%
vs state: +34.2%

Price history

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

The typical home in 55437 is worth $399,457 — 4.6% above the Minneapolis-St. Paul-Bloomington, MN-WI median. Over the past year, values have risen 3.4%. Homes here rent for a typical $1,670 a month — a 5.0% 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: $1,670^[2]
Gross yield: 5.0%^[2]
Cap rate: 3.0%^[2]

#Property tax

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

Effective tax rate: 1.1%^[3]
Typical annual tax: $4,313^[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: 18,881^[3]
Median household income: $95,718^[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: 6
Elementary: 3
Middle: 1
High: 1

JEFFERSON SENIOR HIGH
High · Grades 9–12 · BLOOMINGTON PUBLIC SCHOOL DISTRICT
1,685 students
OLSON MIDDLE
Middle · Grades 6–8 · BLOOMINGTON PUBLIC SCHOOL DISTRICT
779 students
OLSON ELEMENTARY
Elementary · Grades K–5 · BLOOMINGTON PUBLIC SCHOOL DISTRICT
488 students
POPLAR BRIDGE ELEMENTARY
Elementary · Grades K–5 · BLOOMINGTON PUBLIC SCHOOL DISTRICT
477 students
NORMANDALE HILLS ELEMENTARY
Elementary · Grades K–5 · BLOOMINGTON PUBLIC SCHOOL DISTRICT
441 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 yield5.0%

Net yield (after ~40% expenses)3.0%

Annual rent$20,035

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$2,020

Loan principal$319,566

Down payment$79,891

Total interest paid$407,588

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 ratio1.62

Monthly cost to own$2,712

Monthly rent$1,670

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: 35th percentile^[1]
Rental yield: 34th percentile^[2]
Property tax: 67th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 55437?: The typical home in 55437 is worth $399,457, based on the Zillow Home Value Index.
Are home values rising in 55437?: Home values in 55437 are up 3.4% over the past year, and up 3.1% a year over five years.
What is the typical rent in 55437?: A typical home in 55437 rents for about $1,670 a month, a gross rental yield of 5.0%.
What is the property tax rate in 55437?: The effective property tax rate in 55437 is 1.1% — roughly $4,313 a year on a typical home.
Who lives in 55437?: ZIP code 55437 has a population of 18,881 and a median household income of $95,718.

#Comparable ZIPs

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

55016 vs 55437 →
Cottage Grove, MN
Typical home
$400,394
Gross yield
5.8%
55080 vs 55437 →
Stanchfield CDP, MN
Typical home
$398,306
Gross yield
—
55369
Maple Grove, MN
Typical home
$398,250
Gross yield
5.9%
55045
Lindstrom, MN
Typical home
$397,074
Gross yield
—
54003
WI
Typical home
$402,065
Gross yield
—
55043
Lakeland, MN
Typical home
$402,431
Gross yield
—

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#Jump to section

U.S. ZIP Code · MN55437

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