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These days, finding an affordable place to live in the 55950 area can be challenging. Home prices in 55950 are now at a median cost of $180,400, lower than the Minnesota average of $269,934.
The average cost of rent is $725/mo in 55950, primarily driven by the current value of real estate in the 55950 area. While nearly 42.47% of residents own their homes outright in 55950, 10.69% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55950 is $4,896 per month. Households that rent pay about 14.81% of their income on rent here. 55950's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 55912, MN: less expensive homes
- 55918, MN: less expensive homes
- 55982, MN: higher priced homes
- 55917, MN: equally priced homes
- 55973, MN: equally priced homes
- 56045, MN: equally priced homes
- 55940, MN: higher priced homes
- 55926, MN: equally priced homes
- 55933, MN: less expensive homes
- 56043, MN: less expensive homes
Zip Codes with Similar Populations
- 04491, ME: less expensive homes
- 05141, VT: higher priced homes
- 05050, VT: higher priced homes
- 04964, ME: higher priced homes
- 04925, ME: less expensive homes
- 04918, ME: higher priced homes
- 04673, ME: higher priced homes
- 04646, ME: higher priced homes
- 04645, ME: higher priced homes
- 04442, ME: equally priced homes
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