Minnesota

Traverse County

ZIP 56296

3,279 residents6 permits TTM$65,931 median HHI2 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$110,100

ACS 5-Year

Cap rate proxy

6.7%

FMR × 0.65 ÷ Home Value

Rent-to-income

11.2%

HUD FMR ÷ ACS HHI

Net migration

IRS SOI

Permits (TTM)

6

Census BPS

Climate risk

6.2

FEMA NRI (0–100)

ZIP 56296

Median home value

Gross yield

Buy Box score

0.9

Section 8 gap

Affordability

P/I: 1.9R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown2 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
562960.9
56236

Sort by any column. Click a ZIP for detail.

Demographics

Owner-occupied

79.8%

Census ACS

Vacancy rate

25.6%

Census ACS

Bachelor's degree +

17.5%

Census ACS

Rent burdened

36.8%

Census ACS (>30% income)

Median age

45.5

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