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ZIP Code 55409

Learn about the people, housing, costs and businesses in 55409

Median Home$386,749
Median Rent$1,479/month
Population16,207
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services16% arts, food & hospitality
Home Value Growth+5.2% over 2 years
Young Adults39% of residentswell above average
Homeowners61% of occupied units
NotableHighly Educated39% bachelor's · 17% graduate · top 2% nationally
NotableHigh Incomes$102k/year · top 17% nationally
ZIP Code
55409

Frequently Asked Questions

What are today's mortgage rates in ZIP code 55409?

As of today, the 30-year fixed mortgage rate for ZIP code 55409 is approximately 6.921% (6.958% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for ZIP code 55409
What is the median home price in ZIP code 55409?

The median home value in ZIP code 55409 is $387k. The median monthly rent is $1,479. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in ZIP code 55409?

Home values in ZIP code 55409 have increased 5.2% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in ZIP code 55409?

Based on a typical all-in ownership cost of $1,733/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $74k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in ZIP code 55409 is $102k/year.

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What industries drive the economy in ZIP code 55409?

The largest employment sectors in ZIP code 55409 are public administration (25%) and healthcare (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

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