ZIP code 55008: income, home prices and cost of living

The median household income in ZIP 55008 is $80,877, which is 6% above the Minnesota median of $76,183 and 18% above the national figure. The typical home is valued at $254,100, and the median rent is $1,221/month. 78.1% of households own their home.

Source: U.S. Census Bureau, American Community Survey (5-year). Latest observation ACS 2022.

Median household income

$80,877

Minnesota average
$76,1836%
National
$68,75018%

Median home value

$254,100

Minnesota average
$240,2006%
National
$209,60021%

Median gross rent

$1,221

Minnesota average
$90635%
National
$98424%

Median age

41.1 yrs

Minnesota average
41.1 yrs
National
41.0 yrs

Homeownership rate

78.1%

Minnesota average
82.1%5%
National
75.8%3%

Bachelor's degree or higher

14.5%

Minnesota average
17.8%19%
National
15.9%9%

How ZIP 55008 compares with Minnesota and the U.S.

State and national bars are the median across ZIP Code Tabulation Areas. Source: U.S. Census Bureau, American Community Survey (5-year), 2022.

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Nearby ZIP codes in Minnesota

55009550115501355014550165502155024550255503355037

Or compare 55008 with 55009.

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What people search about ZIP 55008

Searches for the cost of living in 55008, the median household income in 55008, average rent in 55008 and home values in this part of Minnesota all come back to the same Census figures shown above. Use them alongside a mortgage payment estimate, a property tax estimate and a household budget before you compare this ZIP code with a neighbouring one.

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Methodology

Figures describe ZIP Code Tabulation Area 55008, the Census Bureau's statistical approximation of the ZIP code. Values are median estimates for the five-year period ending 2022.

State and national benchmarks are the median of all ZCTAs in that geography with at least 1,000 residents, computed by us from the same public dataset.

Sources: U.S. Census Bureau, American Community Survey (5-year). American Community Survey 5-year estimates, 2022.