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Squaw Lake city, MN

ZIP 56681 — Housing & Real Estate

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

Working ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 56681

Median Home Value
$177,100
Median Rent
$219
Affordability Snapshot
$49,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,138/mo PITI).

5%
Rent-to-Income Ratio

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

3.3x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

67.4 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 56681 in Squaw Lake city, MN, a household would need roughly $49,000 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 $1,138. That is roughly in line with the local median household income ($54,375). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 52% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
73.1%+12% vs US avg
x
Vacancy Rate
52.2%+407% vs US avg
x
Broadband Access
89.1%+2% vs US avg
x
4+ Bedrooms
3.2%-78% vs US avg
x
Built Pre-1939
9.2%-28% vs US avg
x
Built Post-2014
0.8%-88% vs US avg
x
Rent Burden >30%
3.1%-94% vs US avg
x
Mortgage-Free
59.8%+56% vs US avg
x
$177,100
Home Value
$219
Rent
1976
Year Built
2001
Moved In

Residents have lived here since ~2001 on average

Housing Structure

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

  • 1-unit detached85.9%
  • 1-unit attached0.8%
  • 2-9 units2.4%
  • 10+ units0.0%
  • Mobile home & other10.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$177,100
Median rent$219
Owner-occupied73.1%
Vacant52.2%
Price-to-income3.3x
Est. income to buy$49,000