55009, Cannon Falls, MN

The Cannon Falls, MN 55009 zip code has a population of around 27,000 people. The median household income in this zip code is $75,000, and the median home value is $230,000. The average home equity in this zip code is around $140,000.

There are a number of factors that contribute to the high home equity values in the Cannon Falls 55009 zip code. First and foremost, the area has a low unemployment rate (3.5%) which contributes to increased demand for homes. Additionally, there is a high level of education attainment in this area which leads to higher incomes and higher home values. Finally, the housing market in Cannon Falls has been relatively stable over the past few years which also contributes to high home equity values.