Minneapolis-St. Paul-Bloomington, MN-WI · Minnesota
Carver County
ZIP 55397
108,622 residents863 permits TTM$123,144 median HHI12 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$426,900
ACS 5-Year
Cap rate proxy
4.1%
FMR × 0.65 ÷ Home Value
Rent-to-income
14.1%
HUD FMR ÷ ACS HHI
Net migration
+2.46%
IRS SOI
Permits (TTM)
863
Census BPS
Climate risk
59.7
FEMA NRI (0–100)
ZIP 55397
Median home value
—
Gross yield
—
Buy Box score
0.9
Section 8 gap
—
Affordability
P/I: 2.7R/I: —
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown12 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Buy Box score ↓ | Section 8 gap |
|---|---|---|---|---|---|
| 55397 | — | — | — | 0.9 | — |
| 55368 | — | — | — | 0.9 | — |
| 55388 | — | — | — | 0.8 | — |
| 55367 | — | — | — | 0.8 | — |
| 55360 | — | — | — | 0.8 | — |
| 55322 | — | — | — | 0.8 | — |
| 55315 | — | — | — | 0.7 | — |
| 55318 | — | — | — | 0.5 | — |
| 55387 | — | — | — | 0.4 | — |
| 55317 | — | — | — | 0.4 | — |
| 55386 | — | — | — | 0.2 | — |
| 55339 | — | — | — | — | — |
Sort by any column. Click a ZIP for detail.
Demographics
Owner-occupied
81.7%
Census ACS
Vacancy rate
2.8%
Census ACS
Bachelor's degree +
50.5%
Census ACS
Rent burdened
39.6%
Census ACS (>30% income)
Median age
38.9
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026