Mills County
ZIP 51540
Median home value
$228,700
ACS 5-Year
Cap rate proxy
7.2%
FMR × 0.65 ÷ Home Value
Rent-to-income
12.1%
HUD FMR ÷ ACS HHI
Net migration
+1.86%
IRS SOI
Permits (TTM)
30
Census BPS
Climate risk
18.5
FEMA NRI (0–100)
Median home value
$228,700
Gross yield
5.7%
Cap rate
4.7%
Rent gap
18.5%
Affordability
Section 8 detail
Numbers repeat across most ZIPs in this county
ZIP-level home-value data isn't published for rural areas. Federal sources (Census ACS, HUD non-metro FMR) are available at the county level only, so home-value, cap-rate, and rent-gap numbers use the county estimate for every ZIP in the county.
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate | Rent gap |
|---|---|---|---|---|---|
| 51561 | $228,700county est. | $1,320 | 6.9% | 4.7% | 32.7% |
| 51540 | $228,700county est. | $1,090 | 5.7% | 4.7% | 18.5% |
| 51541 | $228,700county est. | $1,060 | 5.6% | 4.7% | 16.2% |
| 51554 | $228,700county est. | $1,060 | 5.6% | 4.7% | 16.2% |
| 51551 | $239,753 | $1,090 | 5.5% | 4.4% | 18.5% |
Ranked by composite score
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Owner-occupied
84.2%
Census ACS
Vacancy rate
12.6%
Census ACS
Bachelor's degree +
32.0%
Census ACS
Rent burdened
30.6%
Census ACS (>30% income)
Median age
42.6
Census ACS