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These days, finding an affordable place to live in the 55955 area can be challenging. Home prices in 55955 are now at a median cost of $391,055, higher than the Minnesota average of $345,793.
The average cost of rent is $1,402/mo in 55955, primarily driven by the current value of real estate in the 55955 area. In 55955, 8.90% of households rent, and 31.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55955 is $10,885 per month. Households that rent pay about 12.88% of their income on rent here. 55955’s most expensive areas are in the southeastern 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
- 55944, MN: less expensive homes
- 55920, MN: equally priced homes
- 55927, MN: less expensive homes
- 55985, MN: less expensive homes
- 55963, MN: equally priced homes
- 55901, MN: less expensive homes
- 55960, MN: higher priced homes
- 55924, MN: less expensive homes
- 55902, MN: higher priced homes
- 55906, MN: equally priced homes
Zip Codes with Similar Populations
- 74363, OK: less expensive homes
- 39739, MS: less expensive homes
- 41093, KY: less expensive homes
- 44677, OH: less expensive homes
- 49332, MI: less expensive homes
- 54466, WI: less expensive homes
- 54947, WI: less expensive homes
- 62677, IL: less expensive homes
- 72847, AR: less expensive homes
- 73169, OK: less expensive homes
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