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Annandale city, MN

ZIP 55302 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 55302

Median Home Value
$312,200
Median Rent
$833
Affordability Snapshot
$86,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,005/mo PITI).

13%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

4.0x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

31.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 55302 in Annandale city, MN, a household would need roughly $86,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,005. That is roughly in line with the local median household income ($78,194). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 21% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
86.8%+33% vs US avg
x
Vacancy Rate
21.1%+104% vs US avg
x
Broadband Access
92.5%+6% vs US avg
x
4+ Bedrooms
7.1%-52% vs US avg
x
Built Pre-1939
5.3%-59% vs US avg
x
Built Post-2014
0.6%-91% vs US avg
x
Rent Burden >30%
16.5%-67% vs US avg
x
Mortgage-Free
44.3%+16% vs US avg
x
$312,200
Home Value
$833
Rent
1977
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached85.4%
  • 1-unit attached1.9%
  • 2-9 units1.5%
  • 10+ units3.5%
  • Mobile home & other7.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$312,200
Median rent$833
Owner-occupied86.8%
Vacant21.1%
Price-to-income4.0x
Est. income to buy$86,000