HousingHandbookReference data

U.S. ZIP Code · MN56201

Kandiyohi County

Typical home value

$242,523[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.2%
5-year / yr
+6.2%
10-year / yr
+5.7%

Relative price

vs U.S.
-14.6%
vs metro
vs state
-18.5%
ZIP 56201 location in MN
Location of ZIP 56201 in MN

Price history

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

The typical home in 56201 is worth $242,523. Over the past year, values have risen 2.2%. Homes here rent for a typical $1,135 a month — a 5.6% gross rental yield. 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
$1,135[2]
Gross yield
5.6%[2]
Cap rate
3.4%[2]

#Property tax

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

Effective tax rate
1.0%[3]
Typical annual tax
$2,446[3]

#Climate risk

FEMA National Risk Index ratings for Kandiyohi 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
25,146[3]
Median household income
$68,804[3]

#Migration

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

Net migration
-192[5]
Moved in
860
Moved out
1,052

Schools

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

Public schools
14
Elementary
3
Middle
2
High
3
  • WILLMAR SENIOR HIGH

    High · Grades 9–12 · WILLMAR PUBLIC SCHOOL DISTRICT

    1,218 students

  • WILLMAR MIDDLE SCHOOL

    Middle · Grades 6–8 · WILLMAR PUBLIC SCHOOL DISTRICT

    842 students

  • KENNEDY ELEMENTARY

    Elementary · Grades PK–5 · WILLMAR PUBLIC SCHOOL DISTRICT

    702 students

  • ROOSEVELT ELEMENTARY

    Elementary · Grades PK–5 · WILLMAR PUBLIC SCHOOL DISTRICT

    629 students

  • Lakeland Elementary School

    Elementary · Grades PK–5 · WILLMAR PUBLIC SCHOOL DISTRICT

    578 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 yield5.6%
Net yield (after ~40% expenses)3.4%
Annual rent$13,620

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$1,226
Loan principal$194,018
Down payment$48,505
Total interest paid$247,460

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 ratio1.44
Monthly cost to own$1,633
Monthly rent$1,135

Renting is meaningfully cheaper month-to-month.

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
[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 56201?
The typical home in 56201 is worth $242,523, based on the Zillow Home Value Index.
Are home values rising in 56201?
Home values in 56201 are up 2.2% over the past year, and up 6.2% a year over five years.
What is the typical rent in 56201?
A typical home in 56201 rents for about $1,135 a month, a gross rental yield of 5.6%.
What is the property tax rate in 56201?
The effective property tax rate in 56201 is 1.0% — roughly $2,446 a year on a typical home.
Who lives in 56201?
ZIP code 56201 has a population of 25,146 and a median household income of $68,804.

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