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Isanti city, MN

ZIP 55040 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 55040

Median Home Value
$287,700
Median Rent
$1,069
Affordability Snapshot
$79,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,848/mo PITI).

14%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.2x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

22.4 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 55040 in Isanti city, MN, a household would need roughly $79,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,848. That sits below the local median household income ($88,576), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
87.5%+34% vs US avg
x
Vacancy Rate
6.7%-35% vs US avg
x
Broadband Access
93.1%+7% vs US avg
x
4+ Bedrooms
10.4%-30% vs US avg
x
Built Pre-1939
0.7%-95% vs US avg
x
Built Post-2014
1.3%-82% vs US avg
x
Rent Burden >30%
19.3%-61% vs US avg
x
Mortgage-Free
28.4%-26% vs US avg
x
$287,700
Home Value
$1,069
Rent
1992
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached85.4%
  • 1-unit attached4.1%
  • 2-9 units0.7%
  • 10+ units8.5%
  • Mobile home & other1.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$287,700
Median rent$1,069
Owner-occupied87.5%
Vacant6.7%
Price-to-income3.2x
Est. income to buy$79,000