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55318 Zip Code Housing

 
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As of 2010-2014, median price of a house in 55318 Zip Code is $239,300, which is higher than the state average of $185,200 and is higher than the national average of $175,700. The 55318 Zip Code median house value has grown by 45.47% since 2000. The growth rate for the price of a house in 55318 Zip Code is lower than the state average rate of 51.31% and is about the same as the national average rate of 46.91%. The median year that a house in 55318 Zip Code was built is 1993, which is newer than the median year for a house built in the state which is 1975 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 6,919 Owner Occupied Houses in 55318 Zip Code, see rank
55318 Zip Code
239,300 USD
Minnesota
185,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, see rank
55318 Zip Code
45.47%
Minnesota
51.31%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 55318 Zip CodeMinnesotaU.S.
Total Housing Units10,153, see rank, 100%2,364,149132,741,033
Occupied Housing Units9,707, 95.61%, see rank89.48%87.55%
Owner Occupied6,919, 68.15%, see rank64.51%56.34%
Renter Occupied2,788, 27.46%, see rank24.96%31.21%
Vacant Housing Units446, 4.39%, see rank10.52%12.45%
For Rent41, 0.40%, see rank1.22%2.34%
For Sale Only0, 0.00%, see rank0.96%1.20%
Rented or Sold, Not Occupied84, 0.83%, see rank0.68%0.92%
For Seasonal, Recreational, or Occasional Use80, 0.79%, see rank5.29%3.97%
For Migrant Workers0, 0.00%, see rank0.01%0.03%
Other Vacant241, 2.37%, see rank2.36%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #28
55318 Zip CodeMinnesotaU.S.
199319751976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 55318 Zip Code%MinnesotaU.S.
Owner-Occupied Units6,919100%1,525,20174,787,460
With a Mortgage5,51179.65%, see rank68.78%65.58%
Without a Mortgage1,40820.35%, see rank31.22%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
55318 Zip Code
1,839 USD
Minnesota
1,526 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner Costs55318 Zip Code%MinnesotaU.S.
$299 or Less240.44%, see rank0.18%0.20%
$300 to $4991011.83%, see rank1.30%1.59%
$500 to $6991192.16%, see rank4.08%5.01%
$700 to $9993947.15%, see rank12.50%14.32%
$1,000 to $1,4991,25622.79%, see rank30.43%27.90%
$1,500 to $1,9991,23922.48%, see rank25.36%20.35%
$2,000 to $2,9991,62729.52%, see rank19.32%19.52%
$3,000 or More75113.63%, see rank6.84%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
55318 Zip Code
22.20% of the Total Income
Minnesota
22.50% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 55318 Zip Code%MinnesotaU.S.
10% or Less2384.32%, see rank6.13%5.86%
10% to 20%1,98936.09%, see rank35.03%31.95%
20% to 30%2,00036.29%, see rank30.01%27.64%
30% to 40%66612.08%, see rank12.88%13.74%
40% or More60410.96%, see rank15.67%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
55318 Zip Code
533 USD
Minnesota
475 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner Costs55318 Zip Code%MinnesotaU.S.
$199 or Less1178.31%, see rank4.45%7.76%
$200 to $2991208.52%, see rank10.96%14.70%
$300 to $49936525.92%, see rank39.99%34.63%
$500 to $69953437.93%, see rank27.38%21.16%
$700 or More27219.32%, see rank17.23%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
55318 Zip Code
10.00% of the Total Income
Minnesota
11.50% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 55318 Zip Code%MinnesotaU.S.
10% or Less71951.07%, see rank43.57%40.19%
10% to 20%38627.41%, see rank31.28%31.47%
20% to 30%18713.28%, see rank11.58%12.24%
30% to 40%443.13%, see rank5.05%5.64%
40% or More694.90%, see rank7.69%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 55318 Zip CodeMinnesotaU.S.
Total Housing Units10,153, 100%2,364,149132,741,033
1-unit, Detached5,776, 56.89%, see rank67.25%61.65%
1-unit, Attached1,683, 16.58%, see rank7.45%5.82%
2 Units48, 0.47%, see rank2.34%3.75%
3 or 4 Units243, 2.39%, see rank2.08%4.43%
5 to 9 Units177, 1.74%, see rank2.23%4.78%
10 or More Units1,548, 15.25%, see rank15.14%13.08%
Mobile Home, Boat, RV, Van, etc.678, 6.68%, see rank3.52%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 55318 Zip CodeMinnesotaU.S.
Total Housing Units10,153, 100%2,364,149132,741,033
1 Room40, 0.39%, see rank1.54%1.95%
2 Rooms127, 1.25%, see rank2.83%2.48%
3 Rooms826, 8.14%, see rank9.20%9.13%
4 Rooms1,487, 14.65%, see rank14.05%16.60%
5 Rooms1,538, 15.15%, see rank15.52%20.41%
6 Rooms1,354, 13.34%, see rank14.98%18.06%
7 Rooms1,557, 15.34%, see rank12.86%12.27%
8 Rooms1,111, 10.94%, see rank11.01%8.48%
9 Rooms or More2,113, 20.81%, see rank18.01%10.60%
Median Rooms6.30, see rank6.005.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 55318 Zip CodeMinnesotaU.S.
Total Housing Units10,153, 100%2,364,149132,741,033
No Bedroom40, 0.39%, see rank1.76%2.17%
1 Bedroom974, 9.59%, see rank11.71%11.16%
2 Bedrooms2,573, 25.34%, see rank26.64%26.69%
3 Bedrooms3,253, 32.04%, see rank34.15%39.70%
4 Bedrooms2,555, 25.16%, see rank19.81%16.05%
5 or More Bedrooms758, 7.47%, see rank5.94%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 55318 Zip CodeMinnesotaU.S.
Total Housing Units9,707, 100%2,115,337116,211,092
Utility Gas7,678, 79.10%, see rank66.78%48.85%
Bottled, Tank, or LP Gas322, 3.32%, see rank10.05%4.86%
Electricity1,517, 15.63%, see rank16.13%36.68%
Fuel Oil, Kerosene, etc.44, 0.45%, see rank2.62%5.86%
Coal or Coke24, 0.25%, see rank0.03%0.12%
Wood38, 0.39%, see rank2.55%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel65, 0.67%, see rank1.17%0.47%
No Fuel Used19, 0.20%, see rank0.65%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental55318 Zip CodeMinnesotaU.S.
Occupied Units Paying Rent2,576, 100%562,19839,201,928
$199 or Less0, 0.00%, see rank2.46%1.50%
$200 to $29914, 0.54%, see rank4.66%3.18%
$300 to $499146, 5.67%, see rank9.32%7.37%
$500 to $699170, 6.60%, see rank17.06%16.01%
$700 to $9991,006, 39.05%, see rank33.30%29.17%
$1,000 to $1,499903, 35.05%, see rank23.49%26.88%
$1,500 to $1,999267, 10.36%, see rank7.02%9.79%
$2,000 or More70, 2.72%, see rank2.69%6.10%
Median$987, see rank$835$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 55318 Zip CodeMinnesotaU.S.
Occupied Housing Units9,707, 100%2,115,337116,211,092
No Vehicles Available396, 4.08%, see rank7.25%9.12%
1 Vehicles Available2,722, 28.04%, see rank30.11%33.80%
2 Vehicles Available4,664, 48.05%, see rank40.67%37.48%
3 or More Vehicles Available1,925, 19.83%, see rank21.97%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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