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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 −11.5% YoY. inventory, +66.7% YoY, is the number to watch.
The median listing price is down 11.5% YoY while the median home got down 3.1% bigger, so value per square foot is down 3.5%.
U.S. Census ACS characteristics for ZIP 55430 itself, not its parent county.
Renters hold 30.5% of this ZIP's 7,999 occupied households, on a median household income of $76K.
| Measure | ZIP 55430 | Hennepin County | Difference |
|---|---|---|---|
| Median Household Income | $76K | $98K | -$22K |
| Below Poverty Level | 13.6% | 10.0% | +3.6% |
| Median Age | 34.40 | 37.60 | -3.20 |
| Total Population | 22,749 | 1,269,496 | -- |
| Avg Household Size | 2.82 | 2.30 | +0.52 |
| Owner-Occupied | 69.5% | 62.7% | +6.8% |
| Worked From Home | 14.8% | 25.2% | -10.4% |
| Mean Commute | 23.30 | 21.90 | +1.40 |
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 0.0% to 1,269,496: residents under 18 are down 0.8% and those 65 and over are up 3.3%.
County median household income is $98K, 10.0% of residents are below the poverty level, 25.2% work from home.