HousingHandbookReference data

U.S. ZIP Code · MN55705

St. Louis County · Duluth, MN-WI

Typical home value

$155,630[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+5.2%
5-year / yr
+5.9%
10-year / yr
+6.5%

Relative price

vs U.S.
-45.2%
vs metro
-34.0%
vs state
-47.7%
ZIP 55705 location in MN
Location of ZIP 55705 in MN

Price history

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

The typical home in 55705 is worth $155,630 — 34.0% below the Duluth, MN-WI median. Over the past year, values have risen 5.2%. The effective property tax rate is 1.0%.

#Rent & investment

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

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
1.0%[3]
Typical annual tax
$1,569[3]

#Climate risk

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

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

#Who lives here

Population
3,211[3]
Median household income
$56,208[3]

#Migration

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

Net migration
+56[5]
Moved in
4,402
Moved out
4,346

Schools

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

Public schools
2
Elementary
1
Middle
0
High
1
  • MESABI EAST ELEMENTARY

    Elementary · Grades PK–6 · MESABI EAST SCHOOL DISTRICT

    476 students

  • MESABI EAST SECONDARY

    High · Grades 7–12 · MESABI EAST SCHOOL DISTRICT

    395 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 yield
Net yield (after ~40% expenses)
Annual rent

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$787
Loan principal$124,504
Down payment$31,126
Total interest paid$158,798

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 ratio
Monthly cost to own$1,048
Monthly rent

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
38th percentile[1]
Rental yield
[2]
Property tax
67th percentile[3]

Frequently asked

How much is a home worth in ZIP code 55705?
The typical home in 55705 is worth $155,630, based on the Zillow Home Value Index.
Are home values rising in 55705?
Home values in 55705 are up 5.2% over the past year, and up 5.9% a year over five years.
What is the property tax rate in 55705?
The effective property tax rate in 55705 is 1.0% — roughly $1,569 a year on a typical home.
Who lives in 55705?
ZIP code 55705 has a population of 3,211 and a median household income of $56,208.

#Comparable ZIPs

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

  • Hibbing, MN

    Typical home
    $158,815
    Gross yield
  • Eveleth, MN

    Typical home
    $164,363
    Gross yield
  • Babbitt, MN

    Typical home
    $146,653
    Gross yield
  • Virginia, MN

    Typical home
    $142,922
    Gross yield
    8.3%
  • Floodwood, MN

    Typical home
    $171,965
    Gross yield
  • Meadowlands, MN

    Typical home
    $175,627
    Gross yield

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