Minnesota

Norman County

ZIP 56519

6,411 residents7 permits TTM$69,833 median HHI5 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$135,700

ACS 5-Year

Cap rate proxy

6.6%

FMR × 0.65 ÷ Home Value

Rent-to-income

12.9%

HUD FMR ÷ ACS HHI

Net migration

+0.98%

IRS SOI

Permits (TTM)

7

Census BPS

Climate risk

14.4

FEMA NRI (0–100)

ZIP 56519

Median home value

$135,700

Gross yield

12.9%

Buy Box score

Section 8 gap

94.1%

Affordability

P/I: R/I:

Section 8 detail

SAFMR: $1,460Rent: $752Gap: 94.1%
ZIP code breakdown5 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
56584$135,700$1,33011.8%0.976.9%
565100.5
56519$135,700$1,46012.9%94.1%
56548
56574$135,700$1,1109.8%47.6%

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Demographics

Owner-occupied

81.6%

Census ACS

Vacancy rate

17.1%

Census ACS

Bachelor's degree +

20.9%

Census ACS

Rent burdened

29.0%

Census ACS (>30% income)

Median age

43.9

Census ACS

Data sources
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