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

Scott County

ZIP 56011

152,957 residents831 permits TTM$120,247 median HHI7 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$393,500

ACS 5-Year

Cap rate proxy

4.5%

FMR × 0.65 ÷ Home Value

Rent-to-income

14.8%

HUD FMR ÷ ACS HHI

Net migration

+2.59%

IRS SOI

Permits (TTM)

831

Census BPS

Climate risk

76.6

FEMA NRI (0–100)

ZIP 56011

Median home value

Gross yield

Cap rate

5.2%

Rent gap

Affordability

P/I: 2.9R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown7 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
560115.2%
553795.1%
553785.0%
550544.2%
553524.2%

Ranked by composite score

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Demographics

Owner-occupied

84.3%

Census ACS

Vacancy rate

2.6%

Census ACS

Bachelor's degree +

43.1%

Census ACS

Rent burdened

45.4%

Census ACS (>30% income)

Median age

37.3

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