Minnesota

Redwood County

ZIP 56293

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 56293

Median home value

Gross yield

Buy Box score

0.0

Section 8 gap

Affordability

P/I: 2.2R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown14 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
561800.5
561520.5
562660.4
562830.4
562930.0
56083
56166
56214
56224
56255
56263
56287
56292
56294

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

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