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55403 Zip Code Housing

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As of 2010-2014, median price of a house in 55403 Zip Code is $239,600, which is higher than the state average of $185,200 and is higher than the national average of $175,700. The 55403 Zip Code median house value has shrunk by 45.31% since 2000. The growth rate for the price of a house in 55403 Zip Code is much lower than the state average rate of 51.31% and is much lower than the national average rate of 46.91%. The median year that a house in 55403 Zip Code was built is 1964, which is older than the median year for a house built in the state which is 1975 and is older than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 2,199 Owner Occupied Houses in 55403 Zip Code, see rank

55403 Zip Code	239,600 USD
Minnesota	185,200 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, see rank

55403 Zip Code		-45.31%
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

	55403 Zip Code	Minnesota	U.S.
Total Housing Units	11,315, see rank, 100%	2,364,149	132,741,033
Occupied Housing Units	10,103, 89.29%, see rank	89.48%	87.55%
Owner Occupied	2,199, 19.43%, see rank	64.51%	56.34%
Renter Occupied	7,904, 69.85%, see rank	24.96%	31.21%
Vacant Housing Units	1,212, 10.71%, see rank	10.52%	12.45%
For Rent	575, 5.08%, see rank	1.22%	2.34%
For Sale Only	0, 0.00%, see rank	0.96%	1.20%
Rented or Sold, Not Occupied	275, 2.43%, see rank	0.68%	0.92%
For Seasonal, Recreational, or Occasional Use	87, 0.77%, see rank	5.29%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.01%	0.03%
Other Vacant	275, 2.43%, see rank	2.36%	4.00%

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

Year Structure Built

Median Built Year, #530

55403 Zip Code	Minnesota	U.S.
1964	1975	1976

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

	55403 Zip Code	%	Minnesota	U.S.
Owner-Occupied Units	2,199	100%	1,525,201	74,787,460
With a Mortgage	1,396	63.48%, see rank	68.78%	65.58%
Without a Mortgage	803	36.52%, see rank	31.22%	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

55403 Zip Code	1,989 USD
Minnesota	1,526 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	55403 Zip Code	%	Minnesota	U.S.
$299 or Less	0	0.00%, see rank	0.18%	0.20%
$300 to $499	0	0.00%, see rank	1.30%	1.59%
$500 to $699	0	0.00%, see rank	4.08%	5.01%
$700 to $999	99	7.09%, see rank	12.50%	14.32%
$1,000 to $1,499	291	20.85%, see rank	30.43%	27.90%
$1,500 to $1,999	314	22.49%, see rank	25.36%	20.35%
$2,000 to $2,999	226	16.19%, see rank	19.32%	19.52%
$3,000 or More	466	33.38%, see rank	6.84%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

55403 Zip Code	25.30% 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

	55403 Zip Code	%	Minnesota	U.S.
10% or Less	50	3.58%, see rank	6.13%	5.86%
10% to 20%	378	27.08%, see rank	35.03%	31.95%
20% to 30%	509	36.46%, see rank	30.01%	27.64%
30% to 40%	168	12.03%, see rank	12.88%	13.74%
40% or More	291	20.85%, see rank	15.67%	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

55403 Zip Code	1,001 USD
Minnesota	475 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	55403 Zip Code	%	Minnesota	U.S.
$199 or Less	38	4.73%, see rank	4.45%	7.76%
$200 to $299	0	0.00%, see rank	10.96%	14.70%
$300 to $499	16	1.99%, see rank	39.99%	34.63%
$500 to $699	121	15.07%, see rank	27.38%	21.16%
$700 or More	628	78.21%, see rank	17.23%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

55403 Zip Code	18.30% 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

	55403 Zip Code	%	Minnesota	U.S.
10% or Less	105	13.08%, see rank	43.57%	40.19%
10% to 20%	302	37.61%, see rank	31.28%	31.47%
20% to 30%	111	13.82%, see rank	11.58%	12.24%
30% to 40%	38	4.73%, see rank	5.05%	5.64%
40% or More	170	21.17%, see rank	7.69%	9.16%

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

Units in Structure

	55403 Zip Code	Minnesota	U.S.
Total Housing Units	11,315, 100%	2,364,149	132,741,033
1-unit, Detached	598, 5.29%, see rank	67.25%	61.65%
1-unit, Attached	243, 2.15%, see rank	7.45%	5.82%
2 Units	154, 1.36%, see rank	2.34%	3.75%
3 or 4 Units	239, 2.11%, see rank	2.08%	4.43%
5 to 9 Units	335, 2.96%, see rank	2.23%	4.78%
10 or More Units	9,746, 86.13%, see rank	15.14%	13.08%
Mobile Home, Boat, RV, Van, etc.	0, 0.00%, see rank	3.52%	6.49%

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

Rooms

	55403 Zip Code	Minnesota	U.S.
Total Housing Units	11,315, 100%	2,364,149	132,741,033
1 Room	1,663, 14.70%, see rank	1.54%	1.95%
2 Rooms	1,833, 16.20%, see rank	2.83%	2.48%
3 Rooms	3,590, 31.73%, see rank	9.20%	9.13%
4 Rooms	1,912, 16.90%, see rank	14.05%	16.60%
5 Rooms	951, 8.40%, see rank	15.52%	20.41%
6 Rooms	620, 5.48%, see rank	14.98%	18.06%
7 Rooms	147, 1.30%, see rank	12.86%	12.27%
8 Rooms	154, 1.36%, see rank	11.01%	8.48%
9 Rooms or More	445, 3.93%, see rank	18.01%	10.60%
Median Rooms	3.10, see rank	6.00	5.50

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

Bedrooms

	55403 Zip Code	Minnesota	U.S.
Total Housing Units	11,315, 100%	2,364,149	132,741,033
No Bedroom	2,040, 18.03%, see rank	1.76%	2.17%
1 Bedroom	5,777, 51.06%, see rank	11.71%	11.16%
2 Bedrooms	2,452, 21.67%, see rank	26.64%	26.69%
3 Bedrooms	634, 5.60%, see rank	34.15%	39.70%
4 Bedrooms	239, 2.11%, see rank	19.81%	16.05%
5 or More Bedrooms	173, 1.53%, see rank	5.94%	4.22%

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

House Heating Fuel

	55403 Zip Code	Minnesota	U.S.
Total Housing Units	10,103, 100%	2,115,337	116,211,092
Utility Gas	5,753, 56.94%, see rank	66.78%	48.85%
Bottled, Tank, or LP Gas	90, 0.89%, see rank	10.05%	4.86%
Electricity	3,304, 32.70%, see rank	16.13%	36.68%
Fuel Oil, Kerosene, etc.	40, 0.40%, see rank	2.62%	5.86%
Coal or Coke	13, 0.13%, see rank	0.03%	0.12%
Wood	16, 0.16%, see rank	2.55%	2.12%
Solar Energy	0, 0.00%, see rank	0.02%	0.05%
Other Fuel	597, 5.91%, see rank	1.17%	0.47%
No Fuel Used	290, 2.87%, see rank	0.65%	1.00%

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

Gross Rent

Monthly Rental	55403 Zip Code	Minnesota	U.S.
Occupied Units Paying Rent	7,763, 100%	562,198	39,201,928
$199 or Less	452, 5.82%, see rank	2.46%	1.50%
$200 to $299	540, 6.96%, see rank	4.66%	3.18%
$300 to $499	414, 5.33%, see rank	9.32%	7.37%
$500 to $699	1,499, 19.31%, see rank	17.06%	16.01%
$700 to $999	2,310, 29.76%, see rank	33.30%	29.17%
$1,000 to $1,499	1,463, 18.85%, see rank	23.49%	26.88%
$1,500 to $1,999	604, 7.78%, see rank	7.02%	9.79%
$2,000 or More	481, 6.20%, see rank	2.69%	6.10%
Median	$783, see rank	$835	$920

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

Vehicle Available

	55403 Zip Code	Minnesota	U.S.
Occupied Housing Units	10,103, 100%	2,115,337	116,211,092
No Vehicles Available	3,288, 32.54%, see rank	7.25%	9.12%
1 Vehicles Available	5,056, 50.04%, see rank	30.11%	33.80%
2 Vehicles Available	1,518, 15.03%, see rank	40.67%	37.48%
3 or More Vehicles Available	241, 2.39%, see rank	21.97%	19.61%

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