ZIP code 55414: income, home prices and cost of living

The median household income in ZIP 55414 is $47,479, which is 38% below the Minnesota median of $76,183 and 31% below the national figure. The typical home is valued at $426,300, and the median rent is $1,388/month. 16.5% of households own their home.

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

Median household income

$47,479

Minnesota average
$76,18338%
National
$68,75031%

Median home value

$426,300

Minnesota average
$240,20077%
National
$209,600103%

Median gross rent

$1,388

Minnesota average
$90653%
National
$98441%

Median age

22.8 yrs

Minnesota average
41.1 yrs45%
National
41.0 yrs44%

Homeownership rate

16.5%

Minnesota average
82.1%80%
National
75.8%78%

Bachelor's degree or higher

38.1%

Minnesota average
17.8%114%
National
15.9%140%

How ZIP 55414 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.

See today's rates for homes in your area

Homes in 55414 typically sell around $426,300. Compare what a vetted mortgage pro can actually offer you before you commit.

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Nearby ZIP codes in Minnesota

55413554155541255416554115541755410554185540955419

Or compare 55414 with 55413.

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See every local figure on the Minnesota money guide.

What people search about ZIP 55414

Searches for the cost of living in 55414, the median household income in 55414, average rent in 55414 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 55414, 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.