HousingHandbookReference data

U.S. ZIP Code · MN55445

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

Typical home value

$362,907[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.5%
5-year / yr
+2.9%
10-year / yr
+5.3%

Relative price

vs U.S.
+27.8%
vs metro
-5.0%
vs state
+21.9%
ZIP 55445 location in MN
Location of ZIP 55445 in MN

Price history

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

The typical home in 55445 is worth $362,907 — 5.0% below the Minneapolis-St. Paul-Bloomington, MN-WI median. Over the past year, values have risen 2.5%. Homes here rent for a typical $2,014 a month — a 6.7% 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
$2,014[2]
Gross yield
6.7%[2]
Cap rate
4.0%[2]

#Property tax

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

Effective tax rate
1.2%[3]
Typical annual tax
$4,456[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
13,546[3]
Median household income
$104,150[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
3
Elementary
2
Middle
1
High
0
  • Noble Academy Elementary

    Elementary · Grades K–6 · NOBLE ACADEMY

    436 students

  • Noble Academy Middle School

    Middle · Grades 7–8 · NOBLE ACADEMY

    117 students

  • NASHA SHKOLA CHARTER SCHOOL

    Elementary · Grades K–8 · NASHA SHKOLA CHARTER SCHOOL

    106 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.

Gross yield6.7%
Net yield (after ~40% expenses)4.0%
Annual rent$24,164

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.

Monthly payment$1,835
Loan principal$290,325
Down payment$72,581
Total interest paid$370,294

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.

Own : rent ratio1.25
Monthly cost to own$2,509
Monthly rent$2,014

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
26th percentile[1]
Rental yield
86th percentile[2]
Property tax
89th percentile[3]

Frequently asked

How much is a home worth in ZIP code 55445?
The typical home in 55445 is worth $362,907, based on the Zillow Home Value Index.
Are home values rising in 55445?
Home values in 55445 are up 2.5% over the past year, and up 2.9% a year over five years.
What is the typical rent in 55445?
A typical home in 55445 rents for about $2,014 a month, a gross rental yield of 6.7%.
What is the property tax rate in 55445?
The effective property tax rate in 55445 is 1.2% — roughly $4,456 a year on a typical home.
Who lives in 55445?
ZIP code 55445 has a population of 13,546 and a median household income of $104,150.

#Comparable ZIPs

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

  • Shafer, MN

    Typical home
    $364,795
    Gross yield
  • Monticello, MN

    Typical home
    $359,725
    Gross yield
    5.2%
  • Eagan, MN

    Typical home
    $358,806
    Gross yield
    5.4%
  • Oakdale, MN

    Typical home
    $358,676
    Gross yield
    6.3%
  • MN

    Typical home
    $367,232
    Gross yield
  • Norwood Young America, MN

    Typical home
    $357,668
    Gross yield

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