US5.com
  1. Home
  2. States
  3. Minnesota
  4. ZIP 56282
  5. Housing & Real Estate
Raymond city, MN

ZIP 56282 — 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 56282

Median Home Value
$186,600
Median Rent
$690
Affordability Snapshot
$51,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,199/mo PITI).

12%
Rent-to-Income Ratio

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

2.6x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

22.5 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 56282 in Raymond city, MN, a household would need roughly $51,000 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 $1,199. That sits below the local median household income ($71,103), 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

Vacancy rate 10% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
75.0%+15% vs US avg
x
Vacancy Rate
10.1%-2% vs US avg
x
Broadband Access
82.7%-5% vs US avg
x
4+ Bedrooms
7.5%-49% vs US avg
x
Built Pre-1939
7.3%-43% vs US avg
x
Built Post-2014
0.3%-96% vs US avg
x
Rent Burden >30%
4.9%-90% vs US avg
x
Mortgage-Free
42.5%+11% vs US avg
x
$186,600
Home Value
$690
Rent
1961
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

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

  • 1-unit detached86.6%
  • 1-unit attached0.9%
  • 2-9 units4.2%
  • 10+ units4.5%
  • Mobile home & other3.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$186,600
Median rent$690
Owner-occupied75.0%
Vacant10.1%
Price-to-income2.6x
Est. income to buy$51,000