Minneapolis-St. Paul-Bloomington, MN-WI · Minnesota

Dakota County

ZIP 55085

442,204 residents2,254 permits TTM$105,212 median HHI19 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$362,100

ACS 5-Year

Cap rate proxy

5.0%

FMR × 0.65 ÷ Home Value

Rent-to-income

17.1%

HUD FMR ÷ ACS HHI

Net migration

+2.62%

IRS SOI

Permits (TTM)

2,254

Census BPS

Climate risk

89.5

FEMA NRI (0–100)

ZIP 55085

Median home value

Gross yield

Buy Box score

Section 8 gap

Affordability

P/I: 3.2R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown19 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
551246.4%
550686.3%
550246.1%
551225.6%
550765.6%
550755.5%
553375.1%
551215.0%
550855.0%
551505.0%
551184.9%
550444.6%
553064.5%
550334.5%
551234.3%
550774.2%
550314.0%
550654.0%
551203.6%

Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.

Demographics

Owner-occupied

75.4%

Census ACS

Vacancy rate

2.7%

Census ACS

Bachelor's degree +

44.6%

Census ACS

Rent burdened

47.6%

Census ACS (>30% income)

Median age

38.4

Census ACS

Data sources
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