Back to Explorer

ZIP Code 55340

Hennepin, Minnesota

FIPS 55340

Juniper

ZIP Code 55340 is in the top 25% nationally for appreciation 1yr %, but in the bottom 33% nationally for price-to-income ratio. It also sits in the 93th percentile nationally for median home value. And it sits in the 82th percentile nationally for median rent.

Median Home Value

$639,100

Higher than 93% of U.S. ZIP codes

HPI Growth 5yr %

37%

Higher than 59% of U.S. ZIP codes

FEMA Risk Score

69.3

Near the U.S. ZIP codes median

The basics

Total Population

10,183

Median Age

39.4

Home values & property tax

Ranked against U.S. ZIP codes.

Median Home Value

$639,100

Higher than 93%

Median Property Tax

$6,782

Effective Tax Rate

1%

Cost of living & affordability

Ranked against U.S. ZIP codes.

Price-to-Income Ratio

3.58

Higher than 67%

Median Rent

$1,452

Higher than 82%

Home prices & appreciation

Ranked against U.S. ZIP codes.

HPI Growth 5yr %

37%

Higher than 59%

Appreciation 1yr %

2.8%

Higher than 75%

Pandemic Gain %

29%

Recession Drop %

-27%

Climate & weather

Ranked against U.S. ZIP codes.

Summer Avg High (°F)

80.2

Winter Avg Low (°F)

7.5

Avg Temperature (°F)

44.5

Hot Days/yr (>90°F)

7.5

Freezing Days/yr (<32°F)

165.8

Annual Precipitation (in)

32.2

Annual Snowfall (in)

45.1

Flood & disaster risk

Ranked against U.S. ZIP codes.

FEMA Risk Score

69.3

Near median

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Environment & Risk

ZIP Code 55340: frequently asked questions

What is the median home value in ZIP Code 55340?
The median home value in ZIP Code 55340 is $639,100, higher than 93% of U.S. ZIP codes.
How much is property tax in ZIP Code 55340?
The median annual property tax in ZIP Code 55340 is $6,782, an effective rate of 1% of home value.
Is ZIP Code 55340 expensive to live in?
Homes in ZIP Code 55340 cost about 3.58× the median household income, higher than 67% of U.S. ZIP codes.
What is the average rent in ZIP Code 55340?
The median gross rent in ZIP Code 55340 is $1,452 a month, higher than 82% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 55340?
Home prices in ZIP Code 55340 have moved 37% over the past five years (2.8% in the past year), per the FHFA House Price Index.
What is the weather like in ZIP Code 55340?
ZIP Code 55340 averages 44.5°F year-round, summer highs near 80.2°F, winter lows around 7.5°F (NOAA 1991–2020 normals). It sees about 45.1 inches of snow a year.
Is ZIP Code 55340 at risk of flooding or natural disasters?
ZIP Code 55340's FEMA National Risk Index score is 69.3 (near the U.S. ZIP codes median). Its greatest modeled natural hazard is tornado.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap, EPA. Explore the map →