Minnesota
Wadena County
ZIP 56482
14,135 residents81 permits TTM$56,882 median HHI4 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$170,500
ACS 5-Year
Cap rate proxy
5.0%
FMR × 0.65 ÷ Home Value
Rent-to-income
14.9%
HUD FMR ÷ ACS HHI
Net migration
+1.14%
IRS SOI
Permits (TTM)
81
Census BPS
Climate risk
12.9
FEMA NRI (0–100)
ZIP 56482
Median home value
$208,552
Gross yield
5.8%
Cap rate
4.1%
Rent gap
30.5%
Affordability
P/I: 3.7R/I: —
Section 8 detail
SAFMR: $1,016Rent: $706Gap: 43.9%
ZIP code breakdown4 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 56482 | $208,552 | $1,016 | 5.8% | 4.1% | 30.5% |
| 56477 | $244,449 | $1,016 | 5.0% | 3.5% | 30.5% |
| 56481 | $252,402 | $1,016 | 4.8% | 3.4% | 30.5% |
| 56464 | $264,703 | $1,016 | 4.6% | 3.2% | 30.5% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
72.5%
Census ACS
Vacancy rate
15.8%
Census ACS
Bachelor's degree +
17.5%
Census ACS
Rent burdened
37.3%
Census ACS (>30% income)
Median age
40.1
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