Minnesota
Meeker County
ZIP 56243
23,422 residents48 permits TTM$75,037 median HHI7 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$228,900
ACS 5-Year
Cap rate proxy
4.7%
FMR × 0.65 ÷ Home Value
Rent-to-income
14.3%
HUD FMR ÷ ACS HHI
Net migration
+1.55%
IRS SOI
Permits (TTM)
48
Census BPS
Climate risk
27.0
FEMA NRI (0–100)
ZIP 56243
Median home value
—
Gross yield
—
Buy Box score
0.6
Section 8 gap
—
Affordability
P/I: 3.2R/I: —
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown7 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Buy Box score ↓ | Section 8 gap |
|---|---|---|---|---|---|
| 56243 | — | — | — | 0.6 | — |
| 55355 | — | — | — | 0.6 | — |
| 55329 | — | — | — | 0.5 | — |
| 55389 | — | — | — | 0.4 | — |
| 55325 | — | — | — | 0.3 | — |
| 55324 | — | — | — | 0.3 | — |
| 56228 | — | — | — | — | — |
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Demographics
Owner-occupied
81.0%
Census ACS
Vacancy rate
14.3%
Census ACS
Bachelor's degree +
20.4%
Census ACS
Rent burdened
37.2%
Census ACS (>30% income)
Median age
42.3
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