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Hermantown city, MN

ZIP 55810 — 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 55810

Median Home Value
$223,700
Median Rent
$942
Affordability Snapshot
$62,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,437/mo PITI).

14%
Rent-to-Income Ratio

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

2.7x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

19.8 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 55810 in Hermantown city, MN, a household would need roughly $62,000 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 $1,437. That sits below the local median household income ($81,894), 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
86.1%+32% vs US avg
x
Vacancy Rate
6.1%-41% vs US avg
x
Broadband Access
89.8%+3% vs US avg
x
4+ Bedrooms
1.2%-92% vs US avg
x
Built Pre-1939
3.5%-73% vs US avg
x
Built Post-2014
0.7%-90% vs US avg
x
Rent Burden >30%
5.9%-88% vs US avg
x
Mortgage-Free
40.5%+6% vs US avg
x
$223,700
Home Value
$942
Rent
1977
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 detached75.7%
  • 1-unit attached1.0%
  • 2-9 units3.0%
  • 10+ units5.6%
  • Mobile home & other14.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$223,700
Median rent$942
Owner-occupied86.1%
Vacant6.1%
Price-to-income2.7x
Est. income to buy$62,000