Minnesota
Redwood County
ZIP 56287
15,383 residents7 permits TTM$67,024 median HHI14 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$150,400
ACS 5-Year
Cap rate proxy
6.1%
FMR × 0.65 ÷ Home Value
Rent-to-income
13.7%
HUD FMR ÷ ACS HHI
Net migration
+0.57%
IRS SOI
Permits (TTM)
7
Census BPS
Climate risk
35.1
FEMA NRI (0–100)
ZIP 56287
Median home value
$150,400
Gross yield
7.8%
Buy Box score
—
Section 8 gap
—
Affordability
P/I: 2.2R/I: —
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown14 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Buy Box score ↓ | Section 8 gap |
|---|---|---|---|---|---|
| 56180 | $150,400 | $973 | 7.8% | 0.5 | — |
| 56152 | $150,400 | $973 | 7.8% | 0.5 | — |
| 56266 | $150,400 | $973 | 7.8% | 0.4 | — |
| 56283 | $150,400 | $973 | 7.8% | 0.4 | — |
| 56293 | $150,400 | $973 | 7.8% | 0.0 | — |
| 56083 | $150,400 | $973 | 7.8% | — | — |
| 56166 | $150,400 | $973 | 7.8% | — | — |
| 56214 | $150,400 | $973 | 7.8% | — | — |
| 56224 | $150,400 | $973 | 7.8% | — | — |
| 56255 | $150,400 | $973 | 7.8% | — | — |
| 56263 | $150,400 | $973 | 7.8% | — | — |
| 56287 | $150,400 | $973 | 7.8% | — | — |
| 56292 | $150,400 | $973 | 7.8% | — | — |
| 56294 | $150,400 | $973 | 7.8% | — | — |
Sort by any column. Click a ZIP for detail.
Demographics
Owner-occupied
79.7%
Census ACS
Vacancy rate
13.3%
Census ACS
Bachelor's degree +
20.8%
Census ACS
Rent burdened
39.1%
Census ACS (>30% income)
Median age
41.1
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