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These days, finding an affordable place to live in the 55012 area can be challenging. Home prices in 55012 are now at a median cost of $382,030, higher than the Minnesota average of $345,793.
The average cost of rent is $1,318/mo in 55012, primarily driven by the current value of real estate in the 55012 area. In 55012, 7.24% of households rent, and 32.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55012 is $9,208 per month. Households that rent pay about 14.31% of their income on rent here. 55012’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 55045, MN: equally priced homes
- 55074, MN: less expensive homes
- 55084, MN: less expensive homes
- 55013, MN: equally priced homes
- 54024, WI: less expensive homes
- 55056, MN: less expensive homes
- 54009, WI: less expensive homes
- 55079, MN: equally priced homes
- 54824, WI: less expensive homes
- 54006, WI: less expensive homes
Zip Codes with Similar Populations
- 42352, KY: less expensive homes
- 96713, HI: higher priced homes
- 93553, CA: equally priced homes
- 93440, CA: higher priced homes
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- 65681, MO: less expensive homes
- 62935, IL: less expensive homes
- 62692, IL: less expensive homes
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