Latest available · Census ACS 5-Year (2024)
What Is the Median Home Value in ZCTA5 56308, Minnesota?
ZIP code · Census ACS 5-Year estimates
The median home value in ZCTA5 56308, Minnesota (ZIP 56308) is $341,900 (±$11,480), based on Census ACS 5-Year estimates (2024). The median gross rent is $956/month, and the median household income is $78,177/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for ZIP 56308
| Metric | Value |
|---|---|
| Median Home Value | $341,900 |
| Median Gross Rent | $956 |
| Median Household Income | $78,177 |
| Total Housing Units | 12,067 |
| Renter-Occupied Units | 3,305 |
| Renter-Occupied Share | 27% |
How does ZIP 56308 compare?
Median home value ranked against all ZIP codes in Minnesota.
Higher home value than 80% of ZIP codes in Minnesota · 177th of 857
| # | ZIP code | Value |
|---|---|---|
| 1 | ZCTA5 55424 | $992,600 |
| 2 | ZCTA5 55391 | $923,400 |
| 3 | ZCTA5 55331 | $737,000 |
| … 173 more … | ||
| 177 | ZCTA5 56308(you are here) | $341,900 |
| … 677 more … | ||
| 855 | ZCTA5 56671 | $64,300 |
| 856 | ZCTA5 56027 | $57,700 |
| 857 | ZCTA5 56125 | $50,700 |
More data for ZIP 56308
Frequently asked questions
What is the median home value in ZCTA5 56308, Minnesota?
The median home value in ZCTA5 56308, Minnesota (ZIP 56308) is $341,900, based on Census ACS 5-Year estimates (2024). This is the self-reported estimated value homeowners believe their property would sell for. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent in ZCTA5 56308, Minnesota?
The median gross rent in ZCTA5 56308, Minnesota (ZIP 56308) is $956/month, based on Census ACS 5-Year estimates (2024).
What is the median household income in ZCTA5 56308, Minnesota?
The median household income in ZCTA5 56308, Minnesota is $78,177/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median home value of $341,900 has a margin of error of ±$11,480. In very small areas, MOEs can be large relative to the estimate.
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