Housing market/Minnesota/ZIP 55779

ACS 2023 · FY2027 SAFMR

ZIP 55779 Saginaw, Minnesota

Duluth, MN-WI MSA · Minnesota. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
3,981
Households
1,470
Median HH income
$98,958
Renter share
11.4%
Median gross rent
$1,637
Vacancy
14.0%
Pop. change
+0.9%
2BR SAFMR
$1,810
SAFMR / rent
1.106×
2–49 unit stock
7
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 55779 · MN — sent to you.

ZIP 55779 · MN

ACS median rent$1,637
2BR SAFMR$1,810
90% floor$1,629
110% ceiling$1,991

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 55779

  • 1-unit detached1,52789.4%
  • 1-unit attached50.3%
  • 2–4 units30.2%
  • 5–49 units40.2%
  • Mobile1709.9%
TypeUnitsShare
1-unit detached1,52789.4%
1-unit attached50.3%
2 units (duplex)00.0%
3–4 units30.2%
5–9 units00.0%
10–19 units40.2%
20–49 units00.0%
50+ units00.0%
Mobile1709.9%

2–4 unit share 0.2% · 5–49 unit share 0.2% · combined 2–49 0.4%.

Units by bedrooms

Studio
40
1BR
37
2BR
403
3BR
788
4BR
330
5+
111

Rent burden

Rent ≥30% of income10.8%
Rent ≥50% of income4.2%
  • ACS median gross rent $1,637 (all bedrooms, occupied rentals).
  • Median contract rent $1,297.
  • Renters paying ≥30% of income 10.8%; ≥50% 4.2%.
  • FY2027 2BR SAFMR $1,810 (1.106× ACS median gross rent).

Population

3,981 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +0.9%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 164 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 55779 11.4% of occupied households are renters; vacancy is 14.0%; ACS median gross rent is $1,637; population increased +0.9% between the 2018 and 2023 ACS vintages; the housing stock includes 3 units in 2–4-unit structures and 4 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,810 versus ACS median gross rent of $1,637. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Minnesota research

ZIP 55779 is a Census / HUD profile for Duluth, MN-WI, MN. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Minnesota research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 55779?

ZIP 55779 (Duluth, MN-WI MSA) has 3,981 residents, 1,470 households, a renter share of 11.4%, median household income of $98,958, and ACS 2023 median gross rent of $1,637. Vacancy is 14.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 55779?

ACS counts 0 units in 2-unit buildings, 3 in 3–4 unit buildings, 0 in 5–9, 4 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 7 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 55779?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,810. See the full schedule and 90–110% payment-standard band on the ZIP 55779 — Saginaw, MN HUD Section 8 Payment Standards / SAFMR.

Does this Minnesota ZIP profile include Georgia listings?

No. ZIP 55779 is Census / HUD research for Duluth, MN-WI MSA. Jeff Crowe CRE does not list Minnesota property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.