USA.com / Minnesota / Olmsted County / Rochester, MN / 55902 / Housing

55902 Zip Code Housing

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As of 2010-2014, median price of a house in 55902 Zip Code is $235,800, which is higher than the state average of $185,200 and is higher than the national average of $175,700. The 55902 Zip Code median house value has grown by 45.47% since 2000. The growth rate for the price of a house in 55902 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 55902 Zip Code was built is 1985, 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 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 6,912 Owner Occupied Houses in 55902 Zip Code, see rank

55902 Zip Code	235,800 USD
Minnesota	185,200 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, see rank

55902 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

	55902 Zip Code	Minnesota	U.S.
Total Housing Units	9,967, see rank, 100%	2,364,149	132,741,033
Occupied Housing Units	9,446, 94.77%, see rank	89.48%	87.55%
Owner Occupied	6,912, 69.35%, see rank	64.51%	56.34%
Renter Occupied	2,534, 25.42%, see rank	24.96%	31.21%
Vacant Housing Units	521, 5.23%, see rank	10.52%	12.45%
For Rent	108, 1.08%, see rank	1.22%	2.34%
For Sale Only	74, 0.74%, see rank	0.96%	1.20%
Rented or Sold, Not Occupied	91, 0.91%, see rank	0.68%	0.92%
For Seasonal, Recreational, or Occasional Use	131, 1.31%, see rank	5.29%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.01%	0.03%
Other Vacant	117, 1.17%, see rank	2.36%	4.00%

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

Year Structure Built

Median Built Year, #98

55902 Zip Code	Minnesota	U.S.
1985	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

	55902 Zip Code	%	Minnesota	U.S.
Owner-Occupied Units	6,912	100%	1,525,201	74,787,460
With a Mortgage	4,880	70.60%, see rank	68.78%	65.58%
Without a Mortgage	2,032	29.40%, 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

55902 Zip Code	1,747 USD
Minnesota	1,526 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	55902 Zip Code	%	Minnesota	U.S.
$299 or Less	0	0.00%, see rank	0.18%	0.20%
$300 to $499	77	1.58%, see rank	1.30%	1.59%
$500 to $699	100	2.05%, see rank	4.08%	5.01%
$700 to $999	368	7.54%, see rank	12.50%	14.32%
$1,000 to $1,499	1,235	25.31%, see rank	30.43%	27.90%
$1,500 to $1,999	1,238	25.37%, see rank	25.36%	20.35%
$2,000 to $2,999	1,106	22.66%, see rank	19.32%	19.52%
$3,000 or More	756	15.49%, see rank	6.84%	11.12%

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

55902 Zip Code	19.70% 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

	55902 Zip Code	%	Minnesota	U.S.
10% or Less	504	10.33%, see rank	6.13%	5.86%
10% to 20%	1,995	40.88%, see rank	35.03%	31.95%
20% to 30%	1,455	29.82%, see rank	30.01%	27.64%
30% to 40%	506	10.37%, see rank	12.88%	13.74%
40% or More	389	7.97%, 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

55902 Zip Code	575 USD
Minnesota	475 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	55902 Zip Code	%	Minnesota	U.S.
$199 or Less	57	2.81%, see rank	4.45%	7.76%
$200 to $299	79	3.89%, see rank	10.96%	14.70%
$300 to $499	640	31.50%, see rank	39.99%	34.63%
$500 to $699	546	26.87%, see rank	27.38%	21.16%
$700 or More	710	34.94%, see rank	17.23%	21.75%

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

55902 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

	55902 Zip Code	%	Minnesota	U.S.
10% or Less	1,040	51.18%, see rank	43.57%	40.19%
10% to 20%	550	27.07%, see rank	31.28%	31.47%
20% to 30%	212	10.43%, see rank	11.58%	12.24%
30% to 40%	116	5.71%, see rank	5.05%	5.64%
40% or More	104	5.12%, 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

	55902 Zip Code	Minnesota	U.S.
Total Housing Units	9,967, 100%	2,364,149	132,741,033
1-unit, Detached	6,527, 65.49%, see rank	67.25%	61.65%
1-unit, Attached	866, 8.69%, see rank	7.45%	5.82%
2 Units	267, 2.68%, see rank	2.34%	3.75%
3 or 4 Units	362, 3.63%, see rank	2.08%	4.43%
5 to 9 Units	366, 3.67%, see rank	2.23%	4.78%
10 or More Units	1,449, 14.54%, see rank	15.14%	13.08%
Mobile Home, Boat, RV, Van, etc.	130, 1.30%, see rank	3.52%	6.49%

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

Rooms

	55902 Zip Code	Minnesota	U.S.
Total Housing Units	9,967, 100%	2,364,149	132,741,033
1 Room	135, 1.35%, see rank	1.54%	1.95%
2 Rooms	279, 2.80%, see rank	2.83%	2.48%
3 Rooms	839, 8.42%, see rank	9.20%	9.13%
4 Rooms	1,237, 12.41%, see rank	14.05%	16.60%
5 Rooms	996, 9.99%, see rank	15.52%	20.41%
6 Rooms	1,251, 12.55%, see rank	14.98%	18.06%
7 Rooms	1,068, 10.72%, see rank	12.86%	12.27%
8 Rooms	1,253, 12.57%, see rank	11.01%	8.48%
9 Rooms or More	2,909, 29.19%, see rank	18.01%	10.60%
Median Rooms	6.70, see rank	6.00	5.50

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

Bedrooms

	55902 Zip Code	Minnesota	U.S.
Total Housing Units	9,967, 100%	2,364,149	132,741,033
No Bedroom	197, 1.98%, see rank	1.76%	2.17%
1 Bedroom	1,213, 12.17%, see rank	11.71%	11.16%
2 Bedrooms	2,145, 21.52%, see rank	26.64%	26.69%
3 Bedrooms	2,737, 27.46%, see rank	34.15%	39.70%
4 Bedrooms	2,522, 25.30%, see rank	19.81%	16.05%
5 or More Bedrooms	1,153, 11.57%, see rank	5.94%	4.22%

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

House Heating Fuel

	55902 Zip Code	Minnesota	U.S.
Total Housing Units	9,446, 100%	2,115,337	116,211,092
Utility Gas	7,337, 77.67%, see rank	66.78%	48.85%
Bottled, Tank, or LP Gas	508, 5.38%, see rank	10.05%	4.86%
Electricity	1,379, 14.60%, see rank	16.13%	36.68%
Fuel Oil, Kerosene, etc.	43, 0.46%, see rank	2.62%	5.86%
Coal or Coke	12, 0.13%, see rank	0.03%	0.12%
Wood	28, 0.30%, see rank	2.55%	2.12%
Solar Energy	0, 0.00%, see rank	0.02%	0.05%
Other Fuel	102, 1.08%, see rank	1.17%	0.47%
No Fuel Used	37, 0.39%, see rank	0.65%	1.00%

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

Gross Rent

Monthly Rental	55902 Zip Code	Minnesota	U.S.
Occupied Units Paying Rent	2,430, 100%	562,198	39,201,928
$199 or Less	35, 1.44%, see rank	2.46%	1.50%
$200 to $299	12, 0.49%, see rank	4.66%	3.18%
$300 to $499	61, 2.51%, see rank	9.32%	7.37%
$500 to $699	555, 22.84%, see rank	17.06%	16.01%
$700 to $999	692, 28.48%, see rank	33.30%	29.17%
$1,000 to $1,499	590, 24.28%, see rank	23.49%	26.88%
$1,500 to $1,999	366, 15.06%, see rank	7.02%	9.79%
$2,000 or More	119, 4.90%, see rank	2.69%	6.10%
Median	$889, see rank	$835	$920

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

Vehicle Available

	55902 Zip Code	Minnesota	U.S.
Occupied Housing Units	9,446, 100%	2,115,337	116,211,092
No Vehicles Available	641, 6.79%, see rank	7.25%	9.12%
1 Vehicles Available	3,024, 32.01%, see rank	30.11%	33.80%
2 Vehicles Available	4,056, 42.94%, see rank	40.67%	37.48%
3 or More Vehicles Available	1,725, 18.26%, see rank	21.97%	19.61%

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