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A tight-supply market with no rental pool to price against. Demand is visible here; the rent math is not.
What would change this read: the median listing price is −5.7% YoY. inventory, +14.8% YoY, is the number to watch.
The median listing price is down 5.7% YoY while the median home got up 2.2% bigger, so value per square foot is down 7.0%.
U.S. Census ACS characteristics for ZIP 55106 itself, not its parent county.
Renters hold 38.9% of this ZIP's 18,946 occupied households, on a median household income of $70K.
| Measure | ZIP 55106 | Ramsey County | Difference |
|---|---|---|---|
| Median Household Income | $70K | $82K | -$11K |
| Below Poverty Level | 17.8% | 12.3% | +5.5% |
| Median Age | 31.70 | 36.10 | -4.40 |
| Total Population | 56,708 | 542,945 | -- |
| Avg Household Size | 2.97 | 2.38 | +0.59 |
| Owner-Occupied | 61.1% | 60.6% | +0.5% |
| Worked From Home | 14.5% | 20.5% | -6.0% |
| Mean Commute | 23.20 | 21.40 | +1.80 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is down 0.3% to 542,945: residents under 18 are down 1.0% and those 65 and over are up 2.2%.
County median household income is $82K, 12.3% of residents are below the poverty level, 20.5% work from home.