Minnesota
Koochiching County
ZIP 56654
11,950 residents32 permits TTM$69,115 median HHI11 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$143,700
ACS 5-Year
Cap rate proxy
6.5%
FMR × 0.65 ÷ Home Value
Rent-to-income
13.4%
HUD FMR ÷ ACS HHI
Net migration
+0.25%
IRS SOI
Permits (TTM)
32
Census BPS
Climate risk
31.5
FEMA NRI (0–100)
ZIP 56654
Median home value
$143,700
Gross yield
8.1%
Buy Box score
—
Section 8 gap
—
Affordability
P/I: 2.1R/I: —
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown11 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Buy Box score ↓ | Section 8 gap |
|---|---|---|---|---|---|
| 56649 | $143,700 | $973 | 8.1% | 0.3 | — |
| 56653 | $143,700 | $973 | 8.1% | 0.2 | — |
| 55772 | $143,700 | $973 | 8.1% | — | — |
| 56627 | $143,700 | $973 | 8.1% | — | — |
| 56629 | $143,700 | $973 | 8.1% | — | — |
| 56654 | $143,700 | $973 | 8.1% | — | — |
| 56658 | $143,700 | $973 | 8.1% | — | — |
| 56660 | $143,700 | $973 | 8.1% | — | — |
| 56661 | $143,700 | $973 | 8.1% | — | — |
| 56668 | $143,700 | $973 | 8.1% | — | — |
| 56669 | $143,700 | $973 | 8.1% | — | — |
Sort by any column. Click a ZIP for detail.
Demographics
Owner-occupied
82.0%
Census ACS
Vacancy rate
23.0%
Census ACS
Bachelor's degree +
20.3%
Census ACS
Rent burdened
29.1%
Census ACS (>30% income)
Median age
50.5
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026