Minneapolis-St. Paul-Bloomington, MN-WI · Minnesota

Carver County

ZIP 55317

108,622 residents863 permits TTM$123,144 median HHI12 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$426,900

ACS 5-Year

Cap rate proxy

4.1%

FMR × 0.65 ÷ Home Value

Rent-to-income

14.1%

HUD FMR ÷ ACS HHI

Net migration

+2.46%

IRS SOI

Permits (TTM)

863

Census BPS

Climate risk

59.7

FEMA NRI (0–100)

ZIP 55317

Median home value

Gross yield

Cap rate

4.7%

Rent gap

Affordability

P/I: 4.2R/I: 19.6%

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown12 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
553975.2%
553685.0%
553884.6%
553674.6%
553604.5%

Ranked by composite score

ZIP comparison table. Showing 5 of 12 ZIPs. Sign up to see all.

Demographics

Owner-occupied

81.7%

Census ACS

Vacancy rate

2.8%

Census ACS

Bachelor's degree +

50.5%

Census ACS

Rent burdened

39.6%

Census ACS (>30% income)

Median age

38.9

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