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These days, finding an affordable place to live in the 55992 area can be challenging. Home prices in 55992 are now at a median cost of $291,057, lower than the Minnesota average of $345,793.
The average cost of rent is $887/mo in 55992, primarily driven by the current value of real estate in the 55992 area. In 55992, 20.58% of households rent, and 40.44% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55992 is $7,549 per month. Households that rent pay about 11.75% of their income on rent here. 55992’s most expensive areas are in the northeastern 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
- 55983, MN: equally priced homes
- 55963, MN: higher priced homes
- 55956, MN: higher priced homes
- 55960, MN: higher priced homes
- 55991, MN: higher priced homes
- 55985, MN: equally priced homes
- 55946, MN: equally priced homes
- 55957, MN: equally priced homes
- 55053, MN: higher priced homes
- 55932, MN: higher priced homes
Zip Codes with Similar Populations
- 27851, NC: less expensive homes
- 75172, TX: less expensive homes
- 75158, TX: equally priced homes
- 75124, TX: less expensive homes
- 74937, OK: less expensive homes
- 74864, OK: less expensive homes
- 74338, OK: less expensive homes
- 32130, FL: equally priced homes
- 31822, GA: equally priced homes
- 30521, GA: less expensive homes
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