US5.com
  1. Home
  2. States
  3. Minnesota
  4. ZIP 55376
  5. Housing & Real Estate
St. Michael city, MN

ZIP 55376 — Housing & Real Estate

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

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 55376

Median Home Value
$364,600
Median Rent
$1,592
Affordability Snapshot
$100,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,342/mo PITI).

15%
Rent-to-Income Ratio

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

2.8x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

19.1 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 55376 in St. Michael city, MN, a household would need roughly $100,000 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 $2,342. That sits below the local median household income ($130,917), 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

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
91.9%+41% vs US avg
x
Vacancy Rate
2.2%-79% vs US avg
x
Broadband Access
93.7%+8% vs US avg
x
4+ Bedrooms
14.3%-4% vs US avg
x
Built Pre-1939
2.3%-82% vs US avg
x
Built Post-2014
2.2%-68% vs US avg
x
Rent Burden >30%
30.8%-38% vs US avg
x
Mortgage-Free
24.2%-37% vs US avg
x
$364,600
Home Value
$1,592
Rent
1997
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

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

  • 1-unit detached82.4%
  • 1-unit attached13.6%
  • 2-9 units1.0%
  • 10+ units2.9%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$364,600
Median rent$1,592
Owner-occupied91.9%
Vacant2.2%
Price-to-income2.8x
Est. income to buy$100,000