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ZIP Code 55388

Carver, Minnesota

ZCTA 55388

Juniper

ZIP Code 55388 is in the 13th percentile nationally for home price growth over five years. It also sits in the highest 20% nationally for median income. And it sits in the highest 36% nationally for home price growth over the past year.

Typical Home Valuemedian home value (ACS), re-priced to today on the FHFA index

$392,673

Higher than 59% of U.S. ZIP codes
Home Price Growth, Past Five Years

36%

Lower than 87% of U.S. ZIP codes
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

65.1

Near the U.S. ZIP codes median

The boundary of ZIP Code 55388, in Carver, Minnesota.

The basics

Total Population

5,893

Median Age

34.7

Population Density

156.54

Home values & property tax

Median Property Tax

$3,542

Property Tax Rateyearly tax as a share of home value

0.99%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

3.59×

Higher than 63% of U.S. ZIP codes
Median Income

$99,375

Higher than 80% of U.S. ZIP codes
Median Rent

$953

Lower than 57% of U.S. ZIP codes

Home prices & appreciation

Home Price Growth, Past Year

5.2%

Higher than 64% of U.S. ZIP codes
Pandemic Price Run-Up2019–20 low → 2022–23 peak

30%

2008 Crash: Peak-to-Trough Drophow far prices fell, 2007 → 2011

32%

Climate & weather

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)

30.8

Annual Snowfall (in)

45.1

Flood & disaster risk

FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

65.1

Near the U.S. ZIP codes median

The full report

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

  • People

  • Work & Money

  • Housing

  • Amenities

  • Climate

  • Environment & Risk

ZIP Code 55388: frequently asked questions

What is the typical home value in ZIP Code 55388?
The estimated median home value in ZIP Code 55388 today is $392,673, higher than 59% of U.S. ZIP codes.
How much is property tax in ZIP Code 55388?
The median annual property tax in ZIP Code 55388 is $3,542, an effective rate of 0.99% of home value.
Is ZIP Code 55388 expensive to live in?
Homes in ZIP Code 55388 cost about 3.59× the median household income, higher than 63% of U.S. ZIP codes.
What is the average rent in ZIP Code 55388?
The median gross rent in ZIP Code 55388 is $953 a month, lower than 57% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 55388?
Home prices in ZIP Code 55388 have moved 36% over the past five years (5.2% in the past year), per the FHFA House Price Index.
How many people live in ZIP Code 55388?
ZIP Code 55388 has a population of 5,893, about 156.54 people per square mile, per the U.S. Census American Community Survey. The median age is 34.7.
What is the weather like in ZIP Code 55388?
ZIP Code 55388 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 55388 at risk of flooding or natural disasters?
ZIP Code 55388's FEMA National Risk Index score is 65.1 (near the U.S. ZIP codes median). Its greatest modeled natural hazard is inland flooding.

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

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