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ZIP Code 55408

Hennepin, Minnesota

ZCTA 55408

Juniper

ZIP Code 55408 is in the lowest 9% nationally for FEMA risk score. It also sits in the highest 12% nationally for home price against income. And it sits in the lowest 16% nationally for home price growth over the past year.

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

$396,422

Higher than 60% of U.S. ZIP codes
Home Price Growth, Past Five Years

11%

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

25.9

Lower than 91% of U.S. ZIP codes

The boundary of ZIP Code 55408, in Hennepin, Minnesota.

The basics

Total Population

31,507

Median Age

30.9

Population Density

11,726.18

Home values & property tax

Median Property Tax

$4,824

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

5.63×

Higher than 88% of U.S. ZIP codes
Median Income

$70,326

Near the U.S. ZIP codes median
Median Rent

$1,364

Higher than 72% of U.S. ZIP codes

Home prices & appreciation

Home Price Growth, Past Year

-1.7%

Lower than 84% of U.S. ZIP codes
Pandemic Price Run-Up2019–20 low → 2022–23 peak

17%

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

19%

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

25.9

Lower than 91% 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 55408: frequently asked questions

What is the typical home value in ZIP Code 55408?
The estimated median home value in ZIP Code 55408 today is $396,422, higher than 60% of U.S. ZIP codes.
How much is property tax in ZIP Code 55408?
The median annual property tax in ZIP Code 55408 is $4,824, an effective rate of 1.2% of home value.
Is ZIP Code 55408 expensive to live in?
Homes in ZIP Code 55408 cost about 5.63× the median household income, higher than 88% of U.S. ZIP codes.
What is the average rent in ZIP Code 55408?
The median gross rent in ZIP Code 55408 is $1,364 a month, higher than 72% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 55408?
Home prices in ZIP Code 55408 have moved 11% over the past five years (-1.7% in the past year), per the FHFA House Price Index.
How many people live in ZIP Code 55408?
ZIP Code 55408 has a population of 31,507, about 11,726.18 people per square mile, per the U.S. Census American Community Survey. The median age is 30.9.
What is the weather like in ZIP Code 55408?
ZIP Code 55408 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 55408 at risk of flooding or natural disasters?
ZIP Code 55408's FEMA National Risk Index score is 25.9 (lower than 91% 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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