ZIP comparison · Sioux Falls, SD-MN
56156 vs 57374
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.
| Metric | ZIP56156Luverne, MN | ZIP57374Spencer, SD |
|---|---|---|
| Home value | ||
| Typical home value | $261,142 | Better: $263,259 |
| 1-year appreciation | +5.6% | Better: +8.8% |
| 5-year CAGR | Better: +6.8% | +4.7% |
| 10-year CAGR | +6.7% | Better: +7.0% |
| Rent & investment | ||
| Monthly rent | — | — |
| Gross yield | — | — |
| Cap rate | — | — |
| Property tax | ||
| Effective tax rate | Better: 0.8% | 0.8% |
| Typical annual tax | Better: $1,971 | $2,207 |
| Demographics | ||
| Population | 6,371 | 272 |
| Median household income | $71,066 | Better: $79,167 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Very Low | Relatively Low |
| Net migration | Better: -5 | -44 |
| Schools | ||
| Public schools | 4 | — |
| Students enrolled | 1,155 | — |