Fargo, ND-MN · Minnesota
Clay County
65,628 residents329 permits TTM$77,664 median HHI13 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$256,000
ACS 5-Year
Cap rate proxy
5.2%
FMR × 0.65 ÷ Home Value
Rent-to-income
15.5%
HUD FMR ÷ ACS HHI
Net migration
+1.98%
IRS SOI
Permits (TTM)
329
Census BPS
Climate risk
73.7
FEMA NRI (0–100)
ZIP code breakdown13 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Buy Box score ↓ | Section 8 gap |
|---|---|---|---|---|---|
| 56529 | $256,000 | $1,150 | 5.4% | 0.5 | 15.0% |
| 56560 | $256,000 | $1,170 | 5.5% | 0.5 | 17.0% |
| 56514 | $256,000 | $1,010 | 4.7% | 0.3 | 1.0% |
| 56547 | $256,000 | $1,030 | 4.8% | 0.3 | 3.0% |
| 56580 | $256,000 | $970 | 4.5% | 0.2 | -3.0% |
| 56549 | $256,000 | $980 | 4.6% | 0.2 | -2.0% |
| 56525 | $256,000 | $1,170 | 5.5% | — | 17.0% |
| 56536 | $256,000 | $970 | 4.5% | — | -3.0% |
| 56546 | $256,000 | $1,290 | 6.0% | — | 29.0% |
| 56552 | $256,000 | $970 | 4.5% | — | -3.0% |
| 56562 | $256,000 | $1,170 | 5.5% | — | 17.0% |
| 56563 | $256,000 | $1,170 | 5.5% | — | 17.0% |
| 56585 | $256,000 | $970 | 4.5% | — | -3.0% |
Sort by any column. Click a ZIP for detail.
Demographics
Owner-occupied
66.6%
Census ACS
Vacancy rate
4.8%
Census ACS
Bachelor's degree +
39.0%
Census ACS
Rent burdened
49.4%
Census ACS (>30% income)
Median age
33.5
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