HousingHandbookReference data

U.S. ZIP Code · MN56082

Nicollet County · Mankato, MN

Typical home value

$297,166[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+4.5%
5-year / yr
+5.3%
10-year / yr
+5.4%

Relative price

vs U.S.
+4.6%
vs metro
+3.0%
vs state
≈ state median
ZIP 56082 location in MN
Location of ZIP 56082 in MN

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 56082 is worth $297,166 — 3.0% above the Mankato, MN median. Over the past year, values have risen 4.5%. The effective property tax rate is 1.0%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.0%[3]
Typical annual tax
$3,047[3]

#Climate risk

FEMA National Risk Index ratings for Nicollet County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Low[4]
Riverine flood
Relatively Low
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively Low
Heat wave
Relatively Low
Hurricane
Not Applicable
Tornado
Relatively Low
Earthquake
Very Low
Winter weather
Relatively Moderate

#Who lives here

Population
14,606[3]
Median household income
$71,456[3]

#Migration

Household moves in and out of Nicollet County over a year, from IRS tax-return data.

Net migration
-73[5]
Moved in
1,223
Moved out
1,296

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
13
Elementary
2
Middle
1
High
5
  • St. Peter High School

    High · Grades 9–12 · ST. PETER PUBLIC SCHOOL DISTRICT

    711 students

  • St. Peter Middle School

    Middle · Grades 5–8 · ST. PETER PUBLIC SCHOOL DISTRICT

    596 students

  • North Elementary School

    Elementary · Grades 2–4 · ST. PETER PUBLIC SCHOOL DISTRICT

    423 students

  • South Elementary School

    Elementary · Grades K–1 · ST. PETER PUBLIC SCHOOL DISTRICT

    271 students

  • ST. PETER ECSE

    Prekindergarten · Grades PK · ST. PETER PUBLIC SCHOOL DISTRICT

    60 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,503
Loan principal$237,733
Down payment$59,433
Total interest paid$303,215

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$2,005
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
0th percentile[1]
Rental yield
[2]
Property tax
81st percentile[3]

Frequently asked

How much is a home worth in ZIP code 56082?
The typical home in 56082 is worth $297,166, based on the Zillow Home Value Index.
Are home values rising in 56082?
Home values in 56082 are up 4.5% over the past year, and up 5.3% a year over five years.
What is the property tax rate in 56082?
The effective property tax rate in 56082 is 1.0% — roughly $3,047 a year on a typical home.
Who lives in 56082?
ZIP code 56082 has a population of 14,606 and a median household income of $71,456.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Mankato, MN

    Typical home
    $301,424
    Gross yield
    5.3%
  • Garden City CDP, MN

    Typical home
    $288,561
    Gross yield
  • Lake Crystal, MN

    Typical home
    $284,216
    Gross yield
  • Good Thunder, MN

    Typical home
    $321,840
    Gross yield
  • Nicollet, MN

    Typical home
    $322,232
    Gross yield
  • North Mankato, MN

    Typical home
    $324,042
    Gross yield

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