US5.com
  1. Home
  2. States
  3. Minnesota
  4. ZIP 55936
  5. Housing & Real Estate
Grand Meadow city, MN

ZIP 55936 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 55936

Median Home Value
$210,000
Median Rent
$516
Affordability Snapshot
$58,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,349/mo PITI).

8%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.7x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

33.9 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 55936 in Grand Meadow city, MN, a household would need roughly $58,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,349. That sits below the local median household income ($79,196), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
87.3%+33% vs US avg
x
Vacancy Rate
8.3%-20% vs US avg
x
Broadband Access
91.1%+5% vs US avg
x
4+ Bedrooms
8.0%-46% vs US avg
x
Built Pre-1939
5.4%-58% vs US avg
x
Built Post-2014
0.4%-94% vs US avg
x
Rent Burden >30%
19.1%-62% vs US avg
x
Mortgage-Free
38.0%-0% vs US avg
x
$210,000
Home Value
$516
Rent
1963
Year Built
2007
Moved In

Residents have lived here since ~2007 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached84.5%
  • 1-unit attached4.6%
  • 2-9 units3.8%
  • 10+ units5.9%
  • Mobile home & other1.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$210,000
Median rent$516
Owner-occupied87.3%
Vacant8.3%
Price-to-income2.7x
Est. income to buy$58,000