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ZIP Code 55406

Hennepin, Minnesota

ZCTA 55406

Juniper

ZIP Code 55406 is in the lowest 10% nationally for FEMA risk score. It also sits in the lowest 4% nationally for home price growth over five years. And it sits in the highest 23% nationally for median income.

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

$386,286

Higher than 58% of U.S. ZIP codes
Home Price Growth, Past Five Years

26%

Lower than 96% of U.S. ZIP codes
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

27.1

Lower than 90% of U.S. ZIP codes

The boundary of ZIP Code 55406, in Hennepin, Minnesota.

The basics

Total Population

36,581

Median Age

39.8

Population Density

7,308.74

Home values & property tax

Median Property Tax

$4,209

Property Tax Rateyearly tax as a share of home value

1.2%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

3.77×

Higher than 67% of U.S. ZIP codes
Median Income

$93,910

Higher than 77% of U.S. ZIP codes
Median Rent

$1,281

Higher than 68% of U.S. ZIP codes

Home prices & appreciation

Home Price Growth, Past Year

2.6%

Lower than 57% of U.S. ZIP codes
Pandemic Price Run-Up2019–20 low → 2022–23 peak

20%

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

22%

Climate & weather

Summer Avg High (°F)

80.6

Winter Avg Low (°F)

11.7

Avg Temperature (°F)

45.8

Hot Days/yr (>90°F)

17.8

Freezing Days/yr (<32°F)

146.9

Annual Precipitation (in)

33.3

Annual Snowfall (in)

51.2

Flood & disaster risk

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

27.1

Lower than 90% of U.S. ZIP codes

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 55406: frequently asked questions

What is the typical home value in ZIP Code 55406?
The estimated median home value in ZIP Code 55406 today is $386,286, higher than 58% of U.S. ZIP codes.
How much is property tax in ZIP Code 55406?
The median annual property tax in ZIP Code 55406 is $4,209, an effective rate of 1.2% of home value.
Is ZIP Code 55406 expensive to live in?
Homes in ZIP Code 55406 cost about 3.77× the median household income, higher than 67% of U.S. ZIP codes.
What is the average rent in ZIP Code 55406?
The median gross rent in ZIP Code 55406 is $1,281 a month, higher than 68% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 55406?
Home prices in ZIP Code 55406 have moved 26% over the past five years (2.6% in the past year), per the FHFA House Price Index.
How many people live in ZIP Code 55406?
ZIP Code 55406 has a population of 36,581, about 7,308.74 people per square mile, per the U.S. Census American Community Survey. The median age is 39.8.
What is the weather like in ZIP Code 55406?
ZIP Code 55406 averages 45.8°F year-round, summer highs near 80.6°F, winter lows around 11.7°F (NOAA 1991–2020 normals). It sees about 51.2 inches of snow a year.
Is ZIP Code 55406 at risk of flooding or natural disasters?
ZIP Code 55406's FEMA National Risk Index score is 27.1 (lower than 90% of U.S. ZIP codes). 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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