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, MN

ZIP 55088 — Housing & Real Estate

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

Upper Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 55088

Median Home Value
$494,400
Median Rent
N/A
Affordability Snapshot
$136,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,176/mo PITI).

3.8x
Home Price-to-Income Ratio

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

To comfortably buy a median-priced home in ZIP 55088 in MN, a household would need roughly $136,000 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 $3,176. That is roughly in line with the local median household income ($128,958). 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
99.2%+52% vs US avg
x
Vacancy Rate
9.4%-9% vs US avg
x
Broadband Access
92.9%+7% vs US avg
x
4+ Bedrooms
9.5%-36% vs US avg
x
Built Pre-1939
1.3%-90% vs US avg
x
Built Post-2014
3.3%-52% vs US avg
x
Rent Burden >30%
0.0%
x
Mortgage-Free
38.8%+2% vs US avg
x
$494,400
Home Value
N/A
Rent
1985
Year Built
2006
Moved In

Residents have lived here since ~2006 on average

Housing Structure

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

  • 1-unit detached96.1%
  • 1-unit attached0.7%
  • 2-9 units0.4%
  • 10+ units0.0%
  • Mobile home & other2.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$494,400
Median rent$-666,666,666
Owner-occupied99.2%
Vacant9.4%
Price-to-income3.8x
Est. income to buy$136,000