Compare with
A tight-supply, appreciation-lean market. The rent math runs thin; demand and tenant incomes are the story.
What would change this read: a price correction (median already −23.2% YoY) or rent growth lifting rent-to-price toward 0.8%/mo would move this ZIP toward a cash-flow story. inventory, −8.8% YoY, is the number to watch.
The median listing price is down 23.2% YoY while the median home got down 6.3% bigger, so value per square foot is down 8.8%.
Min/max come from the active-listing pool; the median comes from Realtor's separate listing set — the two are not subsets of each other, so the median's position relative to the tiles above should not be read literally.
At the median, a $522K purchase rents for $2,300/mo: 0.44% of price per month against the 1% rule's 1.00%.
Not shown: 2 BR (sale only, no matching rent), 5 BR (sale only, no matching rent).
Sales here take about 30 days longer to go under contract than rentals.
Not shown: Apartment (rented here, not sold), Condo (sold here, not rented), Land (sold here, not rented), Multi-Family (sold here, not rented), Townhouse (sold here, not rented).
U.S. Census ACS characteristics for ZIP 55115 itself, not its parent county.
Renters hold 17.1% of this ZIP's 3,249 occupied households, on a median household income of $124K.
| Measure | ZIP 55115 | Washington County | Difference |
|---|---|---|---|
| Median Household Income | $124K | $115K | +$9K |
| Below Poverty Level | 4.6% | 5.1% | -0.5% |
| Median Age | 42.80 | 39.80 | +3.00 |
| Total Population | 8,949 | 276,238 | -- |
| Avg Household Size | 2.72 | 2.58 | +0.14 |
| Owner-Occupied | 82.9% | 81.3% | +1.6% |
| Worked From Home | 31.2% | 23.6% | +7.6% |
| Mean Commute | 23.20 | 24.00 | -0.80 |
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 up 1.4% to 276,238: residents under 18 are up 0.6% and those 65 and over are up 4.5%.
County median household income is $115K, 5.1% of residents are below the poverty level, 23.6% work from home.