HousingHandbookReference data

U.S. ZIP Code · MN55707

Carlton County · Duluth, MN-WI

Typical home value

$295,933[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+7.0%
5-year / yr
+7.7%
10-year / yr
+7.2%

Relative price

vs U.S.
+4.2%
vs metro
+25.4%
vs state
≈ state median
ZIP 55707 location in MN
Location of ZIP 55707 in MN

Price history

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

The typical home in 55707 is worth $295,933 — 25.4% above the Duluth, MN-WI median. Over the past year, values have risen 7.0%. The effective property tax rate is 0.9%.

#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
0.9%[3]
Typical annual tax
$2,560[3]

#Climate risk

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

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

#Who lives here

Population
3,470[3]
Median household income
$82,167[3]

#Migration

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

Net migration
-14[5]
Moved in
845
Moved out
859

Schools

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

Public schools
2
Elementary
1
Middle
0
High
1
  • BARNUM SECONDARY

    High · Grades 7–12 · BARNUM PUBLIC SCHOOL DISTRICT

    338 students

  • BARNUM ELEMENTARY

    Elementary · Grades PK–6 · BARNUM PUBLIC SCHOOL DISTRICT

    337 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$1,496
Loan principal$236,746
Down payment$59,187
Total interest paid$301,957

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$1,958
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
89th percentile[1]
Rental yield
[2]
Property tax
39th percentile[3]

Frequently asked

How much is a home worth in ZIP code 55707?
The typical home in 55707 is worth $295,933, based on the Zillow Home Value Index.
Are home values rising in 55707?
Home values in 55707 are up 7.0% over the past year, and up 7.7% a year over five years.
What is the property tax rate in 55707?
The effective property tax rate in 55707 is 0.9% — roughly $2,560 a year on a typical home.
Who lives in 55707?
ZIP code 55707 has a population of 3,470 and a median household income of $82,167.

#Comparable ZIPs

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

  • Hermantown, MN

    Typical home
    $296,516
    Gross yield
  • Solon Springs, WI

    Typical home
    $293,302
    Gross yield
  • Poplar, WI

    Typical home
    $303,888
    Gross yield
  • Moose Lake, MN

    Typical home
    $287,078
    Gross yield
  • Gordon CDP, WI

    Typical home
    $285,938
    Gross yield
  • Superior, WI

    Typical home
    $279,091
    Gross yield

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