ZIP comparison · Minneapolis-St. Paul-Bloomington, MN-WI

54017 vs 56017

Side-by-side comparison of two ZIP codes — typical home value, rent, yield, taxes, schools, and demographics. The greener number on each row signals which ZIP comes out ahead on that metric.

MetricZIP54017New Richmond, WIZIP56017Cleveland, MN
Home value
Typical home value$380,383Better: $380,546
1-year appreciation+0.5%Better: +3.1%
5-year CAGR+4.2%Better: +6.0%
10-year CAGR+6.3%Better: +6.4%
Rent & investment
Monthly rent$1,763
Gross yield5.6%
Cap rate3.3%
Property tax
Effective tax rate1.1%Better: 1.0%
Typical annual tax$4,239Better: $3,831
Demographics
Population20,3661,763
Median household incomeBetter: $98,571$88,056
Climate & migration
Overall risk (FEMA NRI)Relatively LowVery Low
Net migrationBetter: +61-68
Schools
Public schools82
Students enrolled3,532637