How much is a home worth in ZIP code 55807?

The typical home in 55807 is worth $210,665, based on the Zillow Home Value Index.

Are home values rising in 55807?

Home values in 55807 are up 8.4% over the past year, and up 6.6% a year over five years.

What is the typical rent in 55807?

A typical home in 55807 rents for about $1,817 a month, a gross rental yield of 10.3%.

What is the property tax rate in 55807?

The effective property tax rate in 55807 is 1.0% — roughly $2,045 a year on a typical home.

ZIP code 55807 has a population of 9,763 and a median household income of $62,067.

HousingHandbookReference data

…

U.S. ZIP Code · MN55807

St. Louis County · Duluth, MN-WI

Typical home value

$210,665^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +8.4%
5-year / yr: +6.6%
10-year / yr: +7.1%

Relative price

vs U.S.: -25.8%
vs metro: -10.7%
vs state: -29.2%

Price history

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

The typical home in 55807 is worth $210,665 — 10.7% below the Duluth, MN-WI median. Over the past year, values have risen 8.4%. Homes here rent for a typical $1,817 a month — a 10.3% gross rental yield. 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: $1,817^[2]
Gross yield: 10.3%^[2]
Cap rate: 6.2%^[2]

#Property tax

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

Effective tax rate: 1.0%^[3]
Typical annual tax: $2,045^[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: 9,763^[3]
Median household income: $62,067^[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: 4
Elementary: 2
Middle: 0
High: 1

DENFELD HIGH SCHOOL
High · Grades 9–12 · DULUTH PUBLIC SCHOOL DISTRICT
917 students
LAURA MACARTHUR ELEMENTARY
Elementary · Grades PK–5 · DULUTH PUBLIC SCHOOL DISTRICT
308 students
RALEIGH PRIMARY/EL ACADEMY
Elementary · Grades K–5 · DULUTH PUBLIC SCHOOLS ACADEMY
172 students
MERRITT CREEK ACADEMY
Other · Grades K–12 · DULUTH PUBLIC SCHOOL DISTRICT
86 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 yield10.3%

Net yield (after ~40% expenses)6.2%

Annual rent$21,803

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$1,065

Loan principal$168,532

Down payment$42,133

Total interest paid$214,953

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 ratio0.78

Monthly cost to own$1,411

Monthly rent$1,817

Owning 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: 64th percentile^[1]
Rental yield: 100th percentile^[2]
Property tax: 61st percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

3rd for highest rental yield in MNView list →

Frequently asked

How much is a home worth in ZIP code 55807?: The typical home in 55807 is worth $210,665, based on the Zillow Home Value Index.
Are home values rising in 55807?: Home values in 55807 are up 8.4% over the past year, and up 6.6% a year over five years.
What is the typical rent in 55807?: A typical home in 55807 rents for about $1,817 a month, a gross rental yield of 10.3%.
What is the property tax rate in 55807?: The effective property tax rate in 55807 is 1.0% — roughly $2,045 a year on a typical home.
Who lives in 55807?: ZIP code 55807 has a population of 9,763 and a median household income of $62,067.

#Comparable ZIPs

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

55806 vs 55807 →
Duluth, MN
Typical home
$209,643
Gross yield
7.1%
55771 vs 55807 →
Nett Lake CDP, MN
Typical home
$212,135
Gross yield
—
55763
MN
Typical home
$212,737
Gross yield
—
55768
Mountain Iron, MN
Typical home
$208,117
Gross yield
—
55724
MN
Typical home
$216,612
Gross yield
—
55711
Brookston, MN
Typical home
$202,205
Gross yield
—

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#Jump to section

U.S. ZIP Code · MN55807

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