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These days, finding an affordable place to live in the 55941 area can be challenging. Home prices in 55941 are now at a median cost of $258,849, lower than the Minnesota average of $345,793.
The average cost of rent is $844/mo in 55941, primarily driven by the current value of real estate in the 55941 area. In 55941, 14.13% of households rent, and 49.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55941 is $6,912 per month. Households that rent pay about 12.21% of their income on rent here. 55941’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern 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
- 55919, MN: equally priced homes
- 55947, MN: higher priced homes
- 54601, WI: equally priced homes
- 54603, WI: less expensive homes
- 54658, WI: equally priced homes
- 55921, MN: less expensive homes
- 55943, MN: equally priced homes
- 54650, WI: higher priced homes
- 54621, WI: higher priced homes
- 54623, WI: equally priced homes
Zip Codes with Similar Populations
- 54750, WI: higher priced homes
- 68660, NE: less expensive homes
- 66945, KS: less expensive homes
- 66865, KS: less expensive homes
- 66060, KS: less expensive homes
- 58831, ND: equally priced homes
- 58638, ND: less expensive homes
- 58261, ND: less expensive homes
- 57063, SD: less expensive homes
- 56285, MN: less expensive homes
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