TenantureLeasing Agent

Latest available · Census ACS 5-Year (2024)

What Is the Median Home Value in ZCTA5 56401, Minnesota?

$261,600/home 10%vs 2023 ($237,900)

ZIP code · Census ACS 5-Year estimates

The median home value in ZCTA5 56401, Minnesota (ZIP 56401) is $261,600 (±$14,839), based on Census ACS 5-Year estimates (2024). The median gross rent is $883/month, and the median household income is $73,128/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.

Housing Metrics for ZIP 56401

MetricValue
Median Home Value$261,600
Median Gross Rent$883
Median Household Income$73,128
Total Housing Units13,074
Renter-Occupied Units3,452
Renter-Occupied Share26%

How does ZIP 56401 compare?

Median home value ranked against all ZIP codes in Minnesota.

Higher home value than 59% of ZIP codes in Minnesota · 353th of 857

Cheapest: ZCTA5 56671($64,300)
Priciest: ZCTA5 55424($992,600)
#ZIP codeValue
1ZCTA5 55424$992,600
2ZCTA5 55391$923,400
3ZCTA5 55331$737,000
… 349 more …
353ZCTA5 56401(you are here)$261,600
… 501 more …
855ZCTA5 56671$64,300
856ZCTA5 56027$57,700
857ZCTA5 56125$50,700

More data for ZIP 56401

Frequently asked questions

What is the median home value in ZCTA5 56401, Minnesota?

The median home value in ZCTA5 56401, Minnesota (ZIP 56401) is $261,600, 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 56401, Minnesota?

The median gross rent in ZCTA5 56401, Minnesota (ZIP 56401) is $883/month, based on Census ACS 5-Year estimates (2024).

What is the median household income in ZCTA5 56401, Minnesota?

The median household income in ZCTA5 56401, Minnesota is $73,128/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 $261,600 has a margin of error of ±$14,839. In very small areas, MOEs can be large relative to the estimate.

Managing rental properties?

Tenanture helps property managers reply to every inbound lead, qualify applicants against your rules, and handle tenant inquiries automatically.

Get started free
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau. Data from the American Community Survey (ACS) 5-Year Estimates, public domain.