HousingHandbookReference data

U.S. ZIP Code · MN55805

St. Louis County · Duluth, MN-WI

Typical home value

$219,863[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+6.3%
5-year / yr
+7.1%
10-year / yr
+7.3%

Relative price

vs U.S.
-22.6%
vs metro
-6.8%
vs state
-26.2%
ZIP 55805 location in MN
Location of ZIP 55805 in MN

Price history

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

The typical home in 55805 is worth $219,863 — 6.8% below the Duluth, MN-WI median. Over the past year, values have risen 6.3%. Homes here rent for a typical $1,410 a month — a 7.7% 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
$1,410[2]
Gross yield
7.7%[2]
Cap rate
4.6%[2]

#Property tax

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

Effective tax rate
1.1%[3]
Typical annual tax
$2,388[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
10,602[3]
Median household income
$43,100[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
1
Elementary
1
Middle
0
High
0
  • MYERS-WILKINS ELEMENTARY

    Elementary · Grades PK–5 · DULUTH PUBLIC SCHOOL DISTRICT

    319 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 yield7.7%
Net yield (after ~40% expenses)4.6%
Annual rent$16,915

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$1,112
Loan principal$175,890
Down payment$43,973
Total interest paid$224,339

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 ratio1.06
Monthly cost to own$1,495
Monthly rent$1,410

Owning and renting are roughly even.

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
77th percentile[1]
Rental yield
67th percentile[2]
Property tax
77th percentile[3]

Frequently asked

How much is a home worth in ZIP code 55805?
The typical home in 55805 is worth $219,863, based on the Zillow Home Value Index.
Are home values rising in 55805?
Home values in 55805 are up 6.3% over the past year, and up 7.1% a year over five years.
What is the typical rent in 55805?
A typical home in 55805 rents for about $1,410 a month, a gross rental yield of 7.7%.
What is the property tax rate in 55805?
The effective property tax rate in 55805 is 1.1% — roughly $2,388 a year on a typical home.
Who lives in 55805?
ZIP code 55805 has a population of 10,602 and a median household income of $43,100.

#Comparable ZIPs

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

  • Duluth, MN

    Typical home
    $220,571
    Gross yield
  • MN

    Typical home
    $216,612
    Gross yield
  • MN

    Typical home
    $212,737
    Gross yield
  • Nett Lake CDP, MN

    Typical home
    $212,135
    Gross yield
  • Duluth, MN

    Typical home
    $210,665
    Gross yield
    10.3%
  • Duluth, MN

    Typical home
    $209,643
    Gross yield
    7.1%

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