Housing costs in Zimmerman?
A typical home costs
$341,100, which is 0.9% more expensive than the national average of
$338,100 and 10.2% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Zimmerman costs
$1,500 per month, which is 4.9% more than the national average of
$1,430 and 17.3% more than the state average of
$1,240.
Can I afford Zimmerman?
To live comfortably in Zimmerman (zip 55398), Minnesota, a minimum annual income of
$65,520 for a family, and
$48,800 for a single person is recommended.
What does A.I. say about Zimmerman?
The cost of living in 55398 Zimmerman, MN is considered to be slightly higher than the national average. The median home value is $187,400 which is about 8% higher than the Minnesota state average and 11% higher than the national average. The median household income is approximately $53,100 which is around 6% higher than the Minnesota state average but 11% lower than the national median household income. The unemployment rate in the area is 2%, which is fairly low compared to other areas in Minnesota and across the country. Overall, living in 55398 Zimmerman, MN may come with a slightly higher cost of living compared to other areas; however, it's still relatively affordable when compared to other cities in both Minnesota and the United States.