Minnesota
Watonwan County
ZIP 56022
11,169 residents12 permits TTM$70,593 median HHI6 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$151,600
ACS 5-Year
Cap rate proxy
6.4%
FMR × 0.65 ÷ Home Value
Rent-to-income
13.7%
HUD FMR ÷ ACS HHI
Net migration
+0.29%
IRS SOI
Permits (TTM)
12
Census BPS
Climate risk
23.9
FEMA NRI (0–100)
ZIP 56022
Median home value
$151,600
Gross yield
7.7%
Buy Box score
—
Section 8 gap
—
Affordability
P/I: 2.1R/I: —
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown6 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Buy Box score ↓ | Section 8 gap |
|---|---|---|---|---|---|
| 56081 | $151,600 | $973 | 7.7% | 0.4 | — |
| 56062 | $151,600 | $973 | 7.7% | 0.3 | — |
| 56022 | $151,600 | $973 | 7.7% | — | — |
| 56056 | $151,600 | $973 | 7.7% | — | — |
| 56060 | $151,600 | $973 | 7.7% | — | — |
| 56120 | $151,600 | $973 | 7.7% | — | — |
Sort by any column. Click a ZIP for detail.
Demographics
Owner-occupied
78.2%
Census ACS
Vacancy rate
12.0%
Census ACS
Bachelor's degree +
18.2%
Census ACS
Rent burdened
30.1%
Census ACS (>30% income)
Median age
40.6
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