Minnesota
Mahnomen County
ZIP 56516
5,371 residents0 permits TTM$53,925 median HHI5 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$146,500
ACS 5-Year
Cap rate proxy
5.6%
FMR × 0.65 ÷ Home Value
Rent-to-income
15.2%
HUD FMR ÷ ACS HHI
Net migration
+0.56%
IRS SOI
Permits (TTM)
0
Census BPS
Climate risk
7.1
FEMA NRI (0–100)
ZIP 56516
Median home value
$146,500
Gross yield
8.0%
Buy Box score
—
Section 8 gap
—
Affordability
P/I: 2.7R/I: —
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown5 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Buy Box score ↓ | Section 8 gap |
|---|---|---|---|---|---|
| 56557 | $146,500 | $973 | 8.0% | 0.3 | — |
| 56589 | $146,500 | $973 | 8.0% | 0.1 | — |
| 56516 | $146,500 | $973 | 8.0% | — | — |
| 56566 | $146,500 | $973 | 8.0% | — | — |
| 56651 | $146,500 | $973 | 8.0% | — | — |
Sort by any column. Click a ZIP for detail.
Demographics
Owner-occupied
72.5%
Census ACS
Vacancy rate
26.7%
Census ACS
Bachelor's degree +
14.3%
Census ACS
Rent burdened
31.3%
Census ACS (>30% income)
Median age
35.2
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